Darden Restaurants (DRI) Revenue — Quarter Ended May 26, 2024
Revenue decreased from the prior quarter but increased compared to the same period last year.
Key takeaway
Quarter ended May 26, 2024 · FY2024 Q4
Revenue decreased from the prior quarter but increased compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-0.6%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.4B
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 |
|---|---|---|
| Aug 27, 2023 | $2.7B | +11.6% |
| Nov 26, 2023 | $2.7B | +9.7% |
| Feb 25, 2024 | $3B | +6.8% |
| May 26, 2024 | $3B | +6.8% |
Revenue performance
Quarterly revenue was lower than the immediately preceding quarter.
Quarterly comparison
Compared to the prior quarter, revenue edged down; versus the same quarter a year ago, revenue rose.
What to watch
Cash flows from operations remain the company's primary source of liquidity.