Here are the 10-Q quarterly reports from Darden Restaurants, Inc. (DRI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow DRI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DRI filings page.
Darden Restaurants, Inc. (DRI) reported first-quarter fiscal 2027 sales of $3.20 billion, up 5.1% from a year earlier, with 53 net new restaurants and a 3.1% blended same-restaurant sales increase. Earnings from continuing operations fell to $234.3 million from $257.9 million, and diluted continuing-operations EPS was $2.05 versus $2.19. Operating costs rose 6.5%, while operating income declined to $319.3 million from $339.2 million. Operating cash flow from continuing operations was $279.0 million, compared with $342.5 million, primarily due to working-capital changes.
For fiscal 2027, Darden expects sales of $13.60 billion to $13.75 billion, same-restaurant sales growth of 2.5% to 3.5%, 75 to 80 new restaurant openings and approximately $875 million in capital expenditures. The board authorized repurchases of up to $1.5 billion with no expiration; 1,075,059 shares were repurchased during the quarter. The board also declared a $1.62-per-share dividend payable November 2, 2026.
Darden Restaurants delivered higher sales but mixed earnings in its latest quarter. Sales rose to $3.35 billion for the quarter and $9.49 billion for the first nine months of fiscal 2026, up 5.9% and 7.8% from a year earlier, helped by strong same-restaurant growth, new units and the Chuy’s acquisition.
Quarterly net earnings slipped to $306.8 million with diluted EPS of $2.65, while year‑to‑date net earnings increased to $801.8 million and EPS to $6.87. The company is reshaping its portfolio by selling Olive Garden Canada to a franchise partner and planning to close about 14 Bahama Breeze locations while converting the rest to other Darden brands. Management expects full‑year 2026 sales growth of about 9.5%, same‑restaurant sales growth around 4.5% and approximately 70 new restaurant openings, supported by $750–$775 million of capital spending.
Darden Restaurants reported stronger quarterly and year-to-date results, reflecting both organic growth and contributions from recent acquisitions. For the quarter ended November 23, 2025, sales rose to $3.10 billion from $2.89 billion, while net earnings reached $237.2 million versus $215.1 million a year earlier. Diluted net earnings per share were $2.03, up from $1.82, with operating income up 9.7 percent.
For the first six months of fiscal 2026, sales grew to $6.15 billion from $5.65 billion and net earnings increased to $495.0 million from $422.3 million, helped by a blended same-restaurant sales increase and the addition of 103 Chuy’s locations. Darden continues to return capital through dividends of $3.00 per share year-to-date and share repurchases of about $404 million, while managing a sizable lease and debt portfolio. The company expects fiscal 2026 sales growth between 8.5% and 9.3%, including a benefit from a 53rd week.
Darden Restaurants reported first-quarter fiscal 2026 results and significant portfolio activity. The company completed the acquisition of Chuy's for $649.1 million on October 11, 2024, adding 103 restaurants and including Chuy's results from the acquisition date. Darden sold eight Olive Garden Canada locations to Recipe Unlimited and entered a franchise/area development agreement with Recipe. Management is exploring strategic alternatives for the Bahama Breeze brand but has not classified the assets as held for sale. The effective tax rate was 12.2% for the quarter versus 10.6% a year earlier. The Board declared a $1.50 per share cash dividend payable November 3, 2025. Darden had $142.0 million of commercial paper outstanding and $1.10 billion available under its revolving credit facility.