Darden Restaurants, Inc. (DRI) CEO Gene Lee on Q1 2022 Results - Earnings Call Transcript

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Q1: 2021-09-23 Earnings Summary

EPS of $1.76 beats by $0.11
 | Revenue of $2.31B (50.98% Y/Y) beats by $64.79M

Darden Restaurants, Inc. (NYSE:DRI) Q1 2022 Earnings Conference Call September 23, 2021 8:30 AM ET

Company Participants

Kevin Kalicak - Investor Relations
Gene Lee - Chairman and Chief Executive Officer
Rick Cardenas - President and Chief Operating Officer
Raj Vennam - Chief Financial Officer

Conference Call Participants

John Glass - Morgan Stanley
Andrew Charles - Cowen
Jared Garber - Goldman Sachs
Jake Bartlett - Truist Securities
Jeffrey Bernstein - Barclays
David Tarantino - Baird
Brett Levy - MKM Partners
Eric Gonzalez - KeyBanc Capital Markets
Brian Bittner - Oppenheimer & Company
Lauren Silberman - Credit Suisse
Dennis Geiger - UBS
Nicole Miller - Piper Sandler
Jeff Farmer - Gordon Haskett
Brian Mullan - Deutsche Bank
Chris O’Cull - Stifel
David Palmer - Evercore ISI
Andy Barish - Jefferies
John Ivankoe - JPMorgan
Jon Tower - Wells Fargo
Brian Vaccaro - Raymond James
Andrew Strelzik - BMO
Chris Carril - RBC Capital Markets

Operator

Welcome to the Darden Fiscal Year 2022 First Quarter Earnings Call. [Operator Instructions] I will now turn the call over to Mr. Kevin Kalicak. You may begin.

Kevin Kalicak

Thank you, Kevin. Good morning, everyone and thank you for participating on today’s call. Joining me on the call today are Gene Lee, Darden’s Chairman and CEO; Rick Cardenas, President and COO; and Raj Vennam, CFO.

As a reminder, comments made during this call will include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties that could cause actual results to differ materially from our expectations and projections. Those risks are described in the company’s press release, which was distributed this morning and in its filings with the Securities and Exchange Commission. We are simultaneously broadcasting the presentation during this call, which is posted in the Investor Relations section of our website

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