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What Drove Darden’s EBIT Margins in Q4?

Rajiv Nanjapla
What Drove Darden’s EBIT Margins in Q4?

For the fourth quarter, Darden Restaurants (DRI) reported an EBIT of $244.4 million, which represents an EBIT margin of 11.0%. The company’s EBIT margin rose 0.1% compared to the fourth quarter of 2018.