Citable filing context
DRI's research view summarizes recent SEC filing context, starting with earnings from Sep 24, 2026.
| Filed | Item | Context |
|---|---|---|
| Sep 24, 2026 | earnings | Darden Restaurants reported fiscal 2027 first quarter sales of $3.2 billion and declared a quarterly dividend. |
| Sep 24, 2026 | other | Darden Restaurants held its annual meeting of shareholders on September 23, 2026, to elect directors and ratify auditors. |
| Jun 25, 2026 | earnings | Darden Restaurants reported fiscal 2026 results, increased its dividend, and authorized a $1.5 billion share repurchase program. |
| Sep 24, 2026 | Guidance: diluted_eps_continuing_operations | 11.10 to 11.35 |
| Jun 25, 2026 | Guidance: ebitda | 2260.00 to 2290.00 |
| Jun 25, 2026 | Guidance: eps | 11.10 to 11.35 |
| Oct 2, 2026 | mda_quarterly | Darden Restaurants generated total sales of $3.20 billion in the first quarter of fiscal 2027, a 5.1% increase year-over-year driven by 53 net new locations and blended same-restaurant sales growth of 3.1%. LongHorn Steakhouse led performance with same-restaurant sales rising 6.2%, supported by a 4.5% average check increase and a 1.6% traffic gain. Other Business increased same-restaurant sales by 3.8%, Fine Dining grew 1.6%, and Olive Garden rose 1.1%, where a 3.4% check increase offset a 2.2% traffic decline. Despite top-line expansion, net earnings from continuing operations fell 9.2% to $234.3 million, with diluted EPS decreasing to $2.05 from $2.19. Operating income contracted 5.9% to $319.3 million, pressured by commodity inflation in food and beverage costs as well as a 10.8% increase in net interest expense due to elevated short-term borrowings. For full-year fiscal 2027, Darden projects total sales between $13.60 billion and $13.75 billion, same-restaurant sales growth of 2.5% to 3.5%, 75 to 80 new restaurant openings, and capital expenditures of approximately $875 million. Strategic portfolio adjustments include integrating Chuy's and completing conversions or closures of remaining Bahama Breeze locations. Capital allocation remains focused on shareholder returns through a newly authorized $1.5 billion buyback program, $220.8 million in Q1 share repurchases, and a dividend of $1.62 per share. |
| Jul 24, 2026 | business | Darden Restaurants, Inc. is a leading full-service restaurant operator with 2,202 company-owned locations in the United States as of May 31, 2026. The company’s portfolio includes major brands such as Olive Garden, LongHorn Steakhouse, Yard House, Ruth’s Chris Steak House, Cheddar’s Scratch Kitchen, The Capital Grille, Chuy’s, Seasons 52, Eddie V’s, and The Capital Burger. Darden manages these assets through four reportable segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The company’s strategy centers on operational excellence, leveraging its scale to optimize supply chain costs, and utilizing data-driven marketing to enhance guest loyalty without relying on deep discounting. Darden maintains a centralized supply chain and distribution network, prioritizing food safety and quality through rigorous supplier audits. Recent strategic shifts include the sale of its Canadian Olive Garden locations and a restructuring of the Bahama Breeze brand, which involves closing approximately half of its units and converting the remainder to other Darden concepts. Key risks include intense industry competition, sensitivity to macroeconomic conditions, and regulatory compliance regarding labor, food safety, and data privacy. Darden maintains a strong focus on human capital, reporting industry-leading turnover rates and a commitment to internal management development. |
Source: SEC EDGAR filing text and events; period Sep 24, 2026; filed Sep 24, 2026.
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