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Nov 24, 2024
Darden Q2 2025 Earnings Report
Darden's financial performance for Q2 2025 was reported, highlighted by a 6.0% increase in total sales and adjusted diluted net earnings per share from continuing operations up by 10.3%.
Key Takeaways
Darden Restaurants reported a strong second quarter with total sales increasing by 6.0% to $2.9 billion, driven by a blended same-restaurant sales increase of 2.4%. Adjusted diluted net earnings per share from continuing operations increased by 10.3% to $2.03.
Total sales increased by 6.0% to $2.9 billion.
Blended same-restaurant sales increased by 2.4%.
Adjusted diluted net earnings per share from continuing operations were $2.03, a 10.3% increase.
The company repurchased $142 million of its outstanding common stock.
Revenue by Segment
Forward Guidance
The Company updated its full year financial outlook for fiscal 2025 which now includes Chuy's operating results, but excludes approximately $47 million, pre-tax, of expected transaction and integration related costs associated with the acquisition.
Positive Outlook
- Total sales of approximately $12.1 billion
- Same-restaurant sales growth of approximately 1.5%
- New restaurant openings of 50 to 55
- An effective tax rate of approximately 12.5%
- Diluted net earnings per share from continuing operations of $9.40 to $9.60, excluding approximately $47 million, pre-tax, of Chuy's transaction and integration related costs
Challenges Ahead
- Total capital spending of approximately $650 million
- Total inflation of approximately 2.5%
- Approximately 118 million weighted average diluted shares outstanding
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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