Darden Restaurants 2025 Outlook: Expects Total Sales Of $11.8B-$11.9B Vs. $11.948B Consensus; Sees EPS From Continuing Operations Of $9.40 To $9.60 Vs. $9.60consensus

Benzinga06-20

Fiscal 2025 Financial Outlook Below is the full year financial outlook for fiscal 2025. We will provide additional details during our investor conference call scheduled for this morning at 8:30 am ET.

  • Total sales of $11.8 to $11.9 billion
  • Same-restaurant sales* growth of 1.0% to 2.0%
  • New restaurant openings of 45 to 50
  • Total capital spending of $550 to $600 million
  • Total inflation of approximately 3.0%
  • An effective tax rate of approximately 13%
  • Diluted net earnings per share from continuing operations of $9.40 to $9.60
  • Approximately 119 million weighted average diluted shares outstanding
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