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These Analysts Revise Their Forecasts On Darden Restaurants After Q4 Results

Darden Restaurants, Inc. (NYSE:DRI) reported better-than-expected fourth-quarter earnings results and increased its quarterly dividend. Sales grew 6.8% Y/Y to $2.957 billion, missing the analyst consensus estimate of $2.975 billion. Consolidated same-restaurant sales for the quarter remained flat. Adjusted EPS of $2.65 topped the consensus of $2.62, according to data from Benzinga Pro. Darden's Board of Directors declared a quarterly cash dividend of $1.40 per share, a 6.9% Q/Q, payable on August 1, to shareholders of record as of July 10. For FY25, Darden said it sees EPS ...