Darden Restaurants (DRI) Revenue — Quarter Ended Feb 26, 2023
Revenue increased in the current quarter. The gain was larger than the previous quarter's result and consistent with the year-ago period's improvement.
Key takeaway
Quarter ended Feb 26, 2023 · FY2023 Q3
Revenue increased in the current quarter. The gain was larger than the previous quarter's result and consistent with the year-ago period's improvement.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
+12.1%
Change from the immediately preceding quarter.
Year-over-year
+13.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| May 29, 2022 | $2.6B | +14.2% |
| Aug 28, 2022 | $2.4B | +6.1% |
| Nov 27, 2022 | $2.5B | +9.4% |
| Feb 26, 2023 | $2.8B | +13.8% |
Revenue performance
Reported revenue rose compared with both the immediately preceding quarter and the same quarter one year earlier, indicating sustained upward momentum.
Quarterly comparison
Sequential revenue growth outpaced the prior quarter's increase. On a year-over-year basis, the revenue change was similar to the increase reported twelve months ago.
What to watch
No specific risk or context was provided in the filing that directly relates to revenue performance.