Darden Restaurants Inc. has released its financial results for fiscal 2025, reporting net earnings from continuing operations of $1.05 billion, an increase from $1.03 billion in fiscal 2024. Diluted net earnings per share from continuing operations rose to $8.88 from $8.53, marking a 4.1 percent increase compared to the previous fiscal year. The Other Business segment saw an increase in sales for fiscal 2025, driven by a U.S. same-restaurant sales increase and revenue from new restaurants, including the acquisition of Chuy's. The increase in same-restaurant sales was attributed to a 2.6 percent increase in average check, despite a 2.4 percent decrease in same-restaurant guest counts. Looking ahead, Darden Restaurants Inc. expects same-restaurant sales growth of 2.0 to 3.5 percent for fiscal 2026, along with the opening of 60 to 65 new restaurants. The company anticipates an annual effective tax rate of 13 percent and plans capital expenditures between $700 million and $750 million for building new restaurants, remodeling and maintaining existing ones, and investing in technology initiatives.
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