Key Developments: Darden Restaurants Inc (DRI)

DRI on New York Consolidated

64.94USD
17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Darden Restaurants Inc gives Q4 2015 EPS guidance above analysts' estimates; raises FY 2015 EPS guidance
Friday, 20 Mar 2015 07:00am EDT 

Darden Restaurants Inc:Projects Q4 2015 earnings per diluted share of $0.91 to $0.94.Projects FY 2015 range for annual adjusted earnings per diluted share to be between $2.45 and $2.48 (or $1.50 and $1.53 on an unadjusted basis).Q4 2015 EPS of $0.89 - Thomson Reuters I/B/E/S.FY 2015 EPS of $2.30 - Thomson Reuters I/B/E/S.  Full Article

Darden Restaurants Inc declares regular quarterly dividend
Friday, 20 Mar 2015 07:00am EDT 

Darden Restaurants Inc:Declared a regular quarterly cash dividend of $0.55 per share on the company's outstanding common stock.The dividend is payable on May 1 to shareholders of record at the close of business on April 10.  Full Article

Darden Restaurants Inc announces appointment of CEO
Monday, 23 Feb 2015 08:00am EST 

Darden Restaurants Inc:Appoints current interim CEO Eugene I. Lee, Jr. as CEO and Director, effective immediately.  Full Article

Darden Restaurants Inc raises low end of prior FY 2015 EPS guidance
Tuesday, 16 Dec 2014 04:05pm EST 

Darden Restaurants Inc:Tightens its current projected range for adjusted diluted net earnings per share from continuing operations for FY 2015.Expects FY 2015 adjusted earnings per share to increase between 32pct and 35pct versus FY 2014 to $2.25 - $2.30.Says lower end of our guidance increased from the $2.22 previously communicated in Sept.FY 2015 EPS of $2.26 - Thomson Reuters I/B/E/S.  Full Article

Darden Restaurants Inc declares regular quarterly dividend
Tuesday, 16 Dec 2014 04:05pm EST 

Darden Restaurants Inc:Declared regular quarterly cash dividend of $0.55 per share on company's outstanding common stock.Dividend is payable on Feb. 2, 2015 to shareholders of record at close of business on Jan. 9, 2015.  Full Article

Darden Restaurants Inc announces management change
Tuesday, 18 Nov 2014 04:30pm EST 

Darden Restaurants Inc:Says Brad Richmond, Chief Financial Officer, to retire after 32 years effective at the end of March 2015 or sooner if a successor is appointed.  Full Article

Darden Restaurants Inc announces appointment of interim chief executive officer - Form 8-K
Thursday, 16 Oct 2014 03:46pm EDT 

Darden Restaurants Inc:Says on Oct. 13, board of company appointed Eugene I. Lee, Jr. to the position of interim chief executive officer effective immediately.Lee continues in his position as president of company.  Full Article

Darden Restaurants Inc sees Q2 2015 EPS guidance at top end of prior guidance range
Thursday, 2 Oct 2014 07:00am EDT 

Darden Restaurants Inc:Expects Q2 2015 adjusted diluted net earnings per share from continuing operations to be at the upper end of its previously announced range of $0.26 to $0.28.Q2 2015 EPS of $0.26 - Thomson Reuters I/B/E/S.  Full Article

Darden Restaurants declares quarterly dividend
Friday, 12 Sep 2014 07:00am EDT 

Darden Restaurants Inc:Declares a quarterly cash dividend of $0.55 per share on the company's outstanding common stock.Payable on Nov. 3 to shareholders of record at the close of business on Oct. 10.  Full Article

Darden Restaurants Inc reaffirms FY 2015 outlook
Friday, 12 Sep 2014 07:00am EDT 

Darden Restaurants Inc:Expects FY 2015 diluted net earnings per share from continuing operations of $1.74 to $1.84.On an adjusted basis, it continues to expects FY 2015 diluted net earnings per share from continuing operations of $2.22 to $2.30.FY 2015 EPS of $2.23 - Thomson Reuters I/B/E/S.  Full Article

UPDATE 4-Darden seeks property deals, Olive Garden turnaround

March 20 - Darden Restaurants Inc said on Friday it was seeking to "create value" from its real estate, as management installed after last year's activist investor-led coup reported continued traffic declines at its flagship Olive Garden chain.

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