Why LongHorn Steakhouse Owner Darden Restaurants Shares Are Surging Today
Why LongHorn Steakhouse Owner Darden Restaurants Shares Are Surging Today
Darden Restaurants, Inc. (NYSE:DRI) shares are trading higher after the company reported better-than-expected fourth-quarter FY24 adjusted EPS results and increased quarterly dividend.
在公司公佈超預期的第四季度FY24調整後的每股收益結果並增加季度股息之後，Darden Restaurants, Inc. (紐交所:DRI)的股價上漲。
Sales grew 6.8% Y/Y to $2.957 billion, missing the analyst consensus estimate of $2.975 billion.
銷售額同比增長6.8％至29.57億美元，低於分析師預期的29.75億美元。
Sales growth was driven by the addition of 80 company-owned Ruth's Chris Steak House restaurants and 37 other net new restaurants. Consolidated same-restaurant sales for the quarter remained flat. Adjusted EPS of $2.65 topped the consensus of $2.62.
增加了80家公司所擁有的Ruth's Chris Steak House餐廳和37家其他淨新餐廳推動了銷售增長。當季的同店銷售額保持穩定。每股調整後的收益爲2.65美元，高於共識2.62美元。
Darden generated an operating cash flow of $1.62 billion for the year. As of May 26, it held $220.1 million in cash and equivalents and inventories of $290.5 million.
Darden在這一年內實現了16.2億美元的營業現金流。截至5月26日，公司持有2.201億美元的現金及等價物和2.905億美元的存貨。
Dividend Increase: Darden's Board of Directors declared a quarterly cash dividend of $1.40 per share, a 6.9% Q/Q, payable on August 1, to shareholders of record as of July 10.
股息增長：Darden的董事會宣佈每股派發1.40美元的季度現金股息，相比上一季度增長6.9％，於8月1日支付給截至7月10日持股的股東。
During the quarter, the company repurchased approximately 0.6 million shares of its common stock for approximately $97.3 million. At the end of the fiscal fourth quarter, the company had about $915 million remaining under its current $1 billion repurchase authorization.
在這一季度，公司回購了大約60萬股普通股，約合9730萬美元。在財政第四季度結束時，公司在其當前的10億美元回購授權下剩餘約9.15億美元。
FY25 Outlook: Darden sees EPS from continuing operations of $9.40-$9.60 (estimate $9.56) and sales of $11.8 billion-$11.9 billion vs. street view of $11.948 billion.
FY25展望：Darden預計繼續經營每股收益爲9.40-9.60美元（預估爲9.56美元），銷售額爲118億-119億美元，而街道展望爲119.48億美元。
The company also expects same-restaurant sales growth of 1.0% to 2.0% and new restaurant openings of 45 to 50.
公司還預計同店銷售增長1.0％至2.0％和開設45至50個新餐廳。
Investors can gain exposure to the stock via AdvisorShares Restaurant ETF (NYSE:EATZ) and First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV).
投資者可以通過AdvisorShares餐廳ETF（紐交所:EATZ）和First Trust Dorsey Wright Momentum & Dividend ETF（納斯達克:DDIV）獲得該股的收益。
Price Action: DRI shares are up 2.25% at $155.38 at the last check Thursday.
截至上週四，DRI股價爲155.38美元，上漲2.25％。
Photo via Wikimedia Commons
照片通過Wikimedia Commons
譯文內容由第三人軟體翻譯。