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Article: Darden Restaurants Reports Record Annual And Fourth Quarter Earnings Per Diluted Share.
- Article from:
- PR Newswire
- Article date:
- June 22, 2000
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ORLANDO, Fla., June 22 /PRNewswire/ --
Darden Restaurants, Inc. (NYSE: DRI) today reported record earnings per diluted share of $1.31 for the fiscal year ended May 28, 2000, on earnings after tax of $173.1 million, excluding unusual fourth quarter non-operating gains this year and last year. This represents a 36% increase in annual earnings per diluted share.
Fourth quarter earnings per diluted share increased 30% to 43 cents on earnings after tax of $54.4 million (excluding the unusual gains). The world's largest casual dining company said full year sales increased 7% to $3.70 billion. Fourth quarter sales increased by over 10% to $1.01 billion, ...