Darden Restaurants (DRI) Revenue — Quarter Ended Nov 24, 2024
Revenue for the quarter increased compared to both the immediate prior quarter and the same quarter one year ago. The growth was supported by solid performance across the company's restaurant brands.
Key takeaway
Quarter ended Nov 24, 2024 · FY2025 Q2
Revenue for the quarter increased compared to both the immediate prior quarter and the same quarter one year ago. The growth was supported by solid performance across the company's restaurant brands.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.8%
Change from the immediately preceding quarter.
Year-over-year
+6.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.6B
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 |
|---|---|---|
| Feb 25, 2024 | $3B | +6.8% |
| May 26, 2024 | $3B | +6.8% |
| Aug 25, 2024 | $2.8B | +1.0% |
| Nov 24, 2024 | $2.9B | +6.0% |
Revenue performance
The reported revenue reflects a higher total compared to the preceding quarter, and also exceeded the level from one year earlier.
Quarterly comparison
When measured against the immediately preceding quarter, revenue showed a positive change. Similarly, compared to the same quarter of the previous year, revenue was higher.
What to watch
The filing context notes that the effective income tax rate was impacted by non-deductible transaction costs related to the Chuy's acquisition.