Tag Archives: DARDEN RESTAURANTS

DARDEN RESTAURANTS (DRI)

ANNUAL

QUARTERLY

MOST RECENT CONFERENCE CALL TRANSCRIPT

https://seekingalpha.com/article/4613086-darden-restaurants-inc-dri-q4-2023-earnings-call-transcript

PLUS SLIDE PRESENTATION

https://seekingalpha.com/article/4613087-darden-restaurants-inc-2023-q4-results-earnings-call-presentation

Company Guidance for Fiscal Year ending May ’24

Below is the full year financial outlook for fiscal 2024 which includes Ruth’s Chris operating results, but excludes approximately $55 million, pre-tax, of expected transaction and integration related costs associated with the acquisition.

  • Total sales of $11.5 to $11.6 billion
  • Same-restaurant sales growth of 2.5% to 3.5%
  • New restaurant openings of approximately 50
  • Total capital spending of $550 to $600 million
  • Total inflation of 3% to 4%
  • An effective tax rate of approximately 12% to 12.5%
  • Adjusted diluted net earnings per share from continuing operations of $8.55 to $8.85, excluding approximately $0.34, after-tax, of Ruth’s Chris integration related expenses*
  • Approximately 121.5 million weighted average diluted shares outstanding

 

 

 

 

UPDATED CORPORATE DESCRIPTIONS: WINGSTOP, DARDEN RESTAURANTS, FIRST WATCH, ARCOS DORADOS AND WENDY’S

UPDATED CORPORATE DESCRIPTIONS: WINGSTOP, DARDEN RESTAURANTS, FIRST WATCH, ARCOS DORADOS AND WENDY’S WITH CONFERENCE CALL TRANSCRIPTS.

WINGSTOP (WING)

https://www.liptonfinancialservices.com/2022/03/wingstop/

DARDEN RESTAURANTS (DRI)

https://www.liptonfinancialservices.com/2022/03/darden-restaurants/

FIRST WATCH (FWRG)

https://www.liptonfinancialservices.com/2022/03/first-watch-fwrg-in-process/

ARCOS DORADOS (ARCO)

https://www.liptonfinancialservices.com/2022/03/arcos-dorados-arco-in-process/

WENDY’S (WEN)

https://www.liptonfinancialservices.com/2022/03/wendys-updated-write-up/