Darden Restaurants — Dec 19, 2024 release

Fiscal 2025 Financial Outlook The Company updated its full year financial outlook for fiscal 2025 which now includes Chuy's operating results, but excludes approximately $47 million, pre-tax, of expected transaction and integration related costs associated with the acquisition. The Company will provide additional details during its investor conference call scheduled for this morning at 8:30 am ET. • Total sales of approximately $12.1 billion • Same-restaurant sales growth of approximately 1.5%* • New restaurant openings of 50 to 55 • Total capital spending of approximately $650 million • Total inflation of approximately 2.5% • An effective tax rate of approximately 12.5% • Diluted net earnings per share from continuing operations of $9.40 to $9.60, excluding approximately $47 million, pre-tax, of Chuy's transaction and integration related costs** • Approximately 118 million weighted average diluted shares outstanding * Does not include Ruth's Chris and Chuy's as they were not owned and operated by Darden for a 16-month period at the beginning of the fiscal year ** See the "Non-GAAP Information" below for more details Investor Conference Call The Company will host a conference call and slide presentation today, Thursday, December 19, 2024 at 8:30 am ET to review its recent financial performance. The call will be webcast live at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=ySzhMvAL . Please allow extra time prior to the call to visit the site and download any software required to listen to the webcast. Prior to the call, a slide presentation will be posted on the Investor Relations section of our website at: www.darden.com . For those who cannot access