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Darden Restaurants (DRI)
NYSE:DRI
Earnings Data
Report Date
Jun 20, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
2.93Last Year’s EPS
2.65Same Quarter Last Year
Moderate Buy
Based on 23 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: 16.08%
|Next Earnings Date:Jun 20, 2025
Earnings Call Sentiment|Positive
The earnings call indicates a positive overall performance by Darden Restaurants, with significant sales growth, successful menu and delivery initiatives, and strategic expansions. However, challenges such as weather impacts and fine dining performance show areas that need attention.Company Guidance
During the Darden Restaurants, Inc. Q3 Fiscal Year 2025 Earnings Conference Call, the company provided guidance for the upcoming fiscal periods. Darden projected adjusted diluted net earnings per share for fiscal 2025 to be between $9.45 and $9.52, based on 118.3 million diluted average shares outstanding. For the fourth quarter alone, they expect total sales to range from $3.23 billion to $3.26 billion, with same restaurant sales growth above 3% and adjusted diluted net earnings per share between $2.88 and $2.95. Looking ahead to fiscal 2026, Darden plans to open 60 to 65 new restaurants, with capital expenditures of $375 million to $400 million for new openings and $300 million to $325 million for maintenance and technology. They also anticipate an effective tax rate between 13% and 13.5%, and the inclusion of a 53rd week which is expected to contribute approximately $0.20 in additional diluted net earnings per share.Positive Same Restaurant Sales Across All Segments
Despite challenging weather conditions, all four segments achieved positive same restaurant sales growth, excluding weather impacts.
Successful Launch of Olive Garden Menu Favorites
Olive Garden's updated menu featuring fan favorites led to significant improvements in base traffic and sales trends, along with high social media engagement.
Expansion of Uber Direct Partnership
Olive Garden's partnership with Uber Direct for delivery showed promising growth, with delivery orders doubling during the pilot and achieving higher check averages than curbside pickup.
Opening of New Smaller Prototypes
Yard House and Cheddar's opened new, smaller prototypes performing above expectations, indicating potential for accelerated new restaurant openings.
Strong Financial Performance
Darden generated a 6% increase in total sales to $3.2 billion, with adjusted diluted net earnings per share up 6.9% from the previous year.
LongHorn Steakhouse Sales Growth
LongHorn reported a 5.1% increase in total sales, driven by a 2.6% growth in same restaurant sales and the addition of 14 net new restaurants.
DRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 20, 2025 | $186.81 | $197.59 | +5.77% |
Dec 19, 2024 | $157.52 | $180.74 | +14.74% |
Sep 19, 2024 | $155.42 | $168.24 | +8.25% |
Jun 20, 2024 | $146.92 | $149.18 | +1.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Darden Restaurants (DRI) report earnings?
Darden Restaurants (DRI) is schdueled to report earning on Jun 20, 2025, TBA Not Confirmed.
What is Darden Restaurants (DRI) earnings time?
Darden Restaurants (DRI) earnings time is at Jun 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DRI EPS forecast?
DRI EPS forecast for the fiscal quarter 2025 (Q4) is 2.93.
