Darden Restaurants Stock Hits All-Time High on Strong Olive Garden Sales
1. Darden surpassed profit forecasts, fueled by same-restaurant sales growth. 2. Fiscal Q4 EPS reached $2.98, revenue grew 11% year-over-year. 3. New stock buyback program authorized for up to $1.0 billion. 4. Same-store sales increased 4.6%, with Olive Garden leading at 6.9%. 5. Shares hit an all-time high, gaining over 20% this year.