8-KEarnings & ResultsExhibits & Filings

DARDEN RESTAURANTS INC 8-K Report, Financial Results (Mar 22, 2006)

Filed March 22, 2006For Securities:DRI

Summary

Darden Restaurants, Inc. filed this Form 8-K on March 22, 2006, to report on their third-quarter financial results for the period ending March 21, 2006. The company announced a significant 20% increase in diluted net earnings per share, reaching 67 cents compared to the prior year. This positive earnings performance indicates strong operational execution and growth within their restaurant portfolio during the quarter. In addition to the earnings beat, the company also declared a quarterly dividend of 20 cents per share. This dividend declaration signals financial health and a commitment to returning value to shareholders. Investors should note that the information provided in this report is furnished and not deemed "filed" for certain legal purposes, meaning it doesn't automatically trigger liability under Section 18 of the Exchange Act.

Key Highlights

  • 1Darden Restaurants reported a 20% year-over-year increase in diluted net earnings per share for the third quarter, reaching $0.67.
  • 2The company declared a quarterly cash dividend of $0.20 per share.
  • 3The filing is primarily an announcement of the third-quarter earnings results and dividend declaration.
  • 4The press release, filed as Exhibit 99, contains the detailed earnings information.
  • 5The report specifies the date of the earliest event reported as March 21, 2006.
  • 6The filing clarifies that the provided information is furnished and not considered 'filed' for Section 18 purposes.

Frequently Asked Questions

For the third quarter, Darden Restaurants reported a diluted net earnings per share of 67 cents, representing a 20% increase compared to the same period in the prior year.

Yes, the company declared a quarterly dividend of 20 cents per share.

The information in this Form 8-K, including the press release, is furnished and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other SEC filings unless expressly stated.

This filing provides timely updates on Darden Restaurants' financial performance, highlighting strong earnings growth and a commitment to shareholder returns through dividend payments. Investors can use this information to assess the company's recent operational success and financial health.