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Darden Restaurants updates FY 2024 earnings guidance to $8.80-$8.90/share, issues revenue guidance of $11.4B, declares quarterly cash dividend of $1.
Darden Restaurants has updated its FY 2024 earnings guidance to a range of $8.80-$8.90 per share, compared to consensus estimates of $8.86 per share.
The company issued revenue guidance of approximately $11.4 billion for the same period.
The Board of Directors has also declared a quarterly cash dividend of $1.31 per share and authorized a new share repurchase program of up to $1 billion.
Darden Restaurants has a consensus rating of "Moderate Buy" and an average price target of $178.25.
13 months ago
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