The chart below shows how DRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, DRI sees a -1.51% change in stock price 10 days leading up to the earnings, and a -1.26% change 10 days following the report. On the earnings day itself, the stock moves by +2.47%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Positive Same Restaurant Sales: Same restaurant sales at three of our four segments were positive and all of our brands remained intensely focused on our back to basics operating philosophy anchored in food, service, and atmosphere.
Sales Performance Improvement: During the quarter, the Olive Garden team's ongoing focus on being brewing with the basics, combined with great execution of an extended never-ending pasta bowl, drove a positive sales gap to the industry.
Sales Growth and Expansion: We generated $2.9 billion of total sales, 6% higher than last year, driven by same restaurant sales of 2.4%, the acquisition of 103 Chuy's restaurants on October 11, and the addition of 39 net new restaurants.
Shareholder Returns and EBITDA: We generated $445 million of adjusted EBITDA and returned $308 million to our shareholders, paying $166 million in dividends and $142 million in share repurchases.
Marketing Strategy Rollout: We expect to start ramping up our marketing this new offer after the rollout.
Negative
Sales Growth Analysis: Industry same restaurant sales grew by 1% and industry same restaurant guest counts decreased 1.8%.
Earnings Per Share Increase: Adjusted diluted net earnings per share from continuing operations of $2.03 were 10% higher than last year.
Fine Dining Sales Decline: Total sales at the fine dining segment decreased 3.8% as same restaurant sales were negative at all of our fine dining brands for the quarter.
Restaurant Reopening Plans: We expect to reopen this restaurant next fiscal year due to the damage it sustained.
Hurricane Impact Analysis: We experienced meaningful impacts from Hurricanes Idalia and Hurricane Lee.
Darden Restaurants, Inc. (DRI) Q2 2025 Earnings Call Transcript
DRI.N
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