XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.4
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Nov. 24, 2024
Nov. 26, 2023
Nov. 24, 2024
Nov. 26, 2023
Sales $ 2,890.0 $ 2,727.3 $ 5,647.0 $ 5,457.9
Costs and expenses:        
Restaurant labor 926.8 880.9 1,816.1 1,756.2
Marketing expenses 48.8 36.9 93.5 75.5
General and administrative expenses 144.1 114.8 270.5 268.1
Depreciation and amortization 127.7 112.5 249.2 222.3
Impairments and disposal of assets, net 0.0 7.5 1.0 10.6
Total operating costs and expenses 2,597.9 2,448.8 5,085.7 4,926.5
Operating income 292.1 278.5 561.3 531.4
Interest, net 46.2 37.1 83.3 66.8
Earnings before income taxes 245.9 241.4 478.0 464.6
Income tax expense 30.2 29.1 54.7 57.5
Earnings from continuing operations 215.7 212.3 423.3 407.1
Losses from discontinued operations, net of tax benefit of $0.2, $0.3, $0.6 and $0.4, respectively (0.6) (0.2) (1.0) (0.5)
Net earnings $ 215.1 $ 212.1 $ 422.3 $ 406.6
Basic net earnings per share:        
Earnings from continuing operations (in dollars per share) $ 1.84 $ 1.77 $ 3.59 $ 3.38
Losses from discontinued operations (in dollars per share) (0.01) 0 (0.01) 0
Net earnings (in dollars per share) 1.83 1.77 3.58 3.38
Diluted net earnings per share:        
Earnings from continuing operations (in dollars per share) 1.82 1.76 3.57 3.35
Losses from discontinued operations (in dollars per share) 0 0 (0.01) 0
Net earnings (in dollars per share) $ 1.82 $ 1.76 $ 3.56 $ 3.35
Average number of common shares outstanding:        
Basic (in shares) 117.5 119.9 118.0 120.4
Diluted (in shares) 118.3 120.8 118.7 121.4
Food and beverage        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 872.8 $ 845.8 $ 1,719.5 $ 1,696.8
Restaurant expenses        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 477.7 $ 450.4 $ 935.9 $ 897.0