dri: the income statement

MyFinsight

For the quarter ending 2025-08-24, DRI made $3,044,700K in revenue. $257,800K in net income. Net profit margin of 8.47%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-08-24	2025-02-23	2024-11-24	2024-08-25
Sales	3,044,700	3,158,000	2,890,000	2,757,000
Food and beverage costs and restaurant expenses-Food And Beverage	929,100	953,600	872,800	846,700
Restaurant labor	988,000	995,000	926,800	889,300
Food and beverage costs and restaurant expenses-Service Other	504,200	507,100	477,700	458,200
Pre-opening costs	5,900	-	-	-
Marketing expenses	49,100	35,400	48,800	44,700
General and administrative expenses	136,100	116,700	144,100	126,400
Depreciation and amortization	135,100	131,900	127,700	121,500
Impairments and (gain) loss on disposal of assets, net	42,000	-100	0	-1,000
Total operating costs and expenses	2,705,500	2,739,800	2,597,900	2,487,800
Operating income	339,200	418,200	292,100	269,200
Interest, net	-45,400	-45,500	-46,200	-37,100
Earnings before income taxes	293,800	372,700	245,900	232,100
Income tax expense	35,900	49,000	30,200	24,500
Earnings from continuing operations	257,900	323,700	215,700	207,600
Losses from discontinued operations, net of tax benefit of 0.4 and 0.4, respectively	-100	-300	-600	-400
Net earnings	257,800	323,400	215,100	207,200

Basic (in shares)	116,700,000	117,200,000	117,500,000	118,500,000
Diluted (in shares)	117,600,000	118,000,000	118,300,000	119,200,000
Net earnings (in dollars per share)	2.19	2.74	1.82	1.74
Net earnings (in dollars per share)	2.21	2.76	1.83	1.75