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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Feb. 23, 2025
Feb. 25, 2024
Feb. 23, 2025
Feb. 25, 2024
Sales $ 3,158.0 $ 2,974.8 $ 8,805.0 $ 8,432.7
Costs and expenses:        
Restaurant labor 995.0 937.1 2,811.1 2,693.3
Marketing expenses 35.4 31.7 128.9 107.2
General and administrative expenses 116.7 108.2 387.2 376.3
Depreciation and amortization 131.9 117.9 381.1 340.2
Impairments and disposal of assets, net 0.1 0.4 1.1 11.0
Total operating costs and expenses 2,739.8 2,587.4 7,825.5 7,513.9
Operating income 418.2 387.4 979.5 918.8
Interest, net 45.5 36.5 128.8 103.3
Earnings before income taxes 372.7 350.9 850.7 815.5
Income tax expense 49.0 37.5 103.7 95.0
Earnings from continuing operations 323.7 313.4 747.0 720.5
Losses from discontinued operations, net of tax benefit of $0.2, $0.6, $0.7 and $1.0, respectively (0.3) (0.5) (1.2) (1.0)
Net earnings $ 323.4 $ 312.9 $ 745.8 $ 719.5
Basic net earnings per share:        
Earnings from continuing operations (in dollars per share) $ 2.76 $ 2.62 $ 6.35 $ 6.00
Losses from discontinued operations (in dollars per share) 0 0 (0.01) (0.01)
Net earnings (in dollars per share) 2.76 2.62 6.34 5.99
Diluted net earnings per share:        
Earnings from continuing operations (in dollars per share) 2.74 2.60 6.30 5.95
Losses from discontinued operations (in dollars per share) 0 0 (0.01) 0
Net earnings (in dollars per share) $ 2.74 $ 2.60 $ 6.29 $ 5.95
Average number of common shares outstanding:        
Basic (in shares) 117.2 119.4 117.7 120.1
Diluted (in shares) 118.0 120.4 118.5 121.0
Food and beverage        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 953.6 $ 920.2 $ 2,673.1 $ 2,617.0
Restaurant expenses        
Costs and expenses:        
Food and beverage costs and restaurant expenses $ 507.1 $ 471.9 $ 1,443.0 $ 1,368.9