earnings
confidence high
sentiment positive
materiality 0.75
Darden Q1 FY27 sales +5.1% to $3.2B; EPS $2.05; reaffirms FY27 EPS view
DARDEN RESTAURANTS INC
- Total sales $3.2B, up 5.1% YoY; blended same-restaurant sales +3.1% (fiscal) and +3.2% (comparable calendar).
- Reported diluted EPS from continuing ops $2.05, up 4.1% vs prior-year adjusted EPS (~$1.97); all segments posted positive SRS.
- LongHorn Steakhouse led with SRS +6.2% and segment profit $154.6M; Olive Garden SRS +1.1%, segment profit $270.8M.
- Reaffirmed FY2027 diluted EPS guidance of $11.10-$11.35; repurchased $222.3M (~1.1M shares) in Q1.
- Declared quarterly dividend of $1.62/share, payable Nov 2, 2026 to holders of record Oct 9, 2026.