The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas.Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business.The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of an ...

Exhibit 99.1 Darden Restaurants Reports Fiscal 2026 First Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2026 Financial Outlook ORLANDO, Fla., September 18, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the first quarter ended August 24, 2025. First Quarter 2026 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year • Total sales increased 10.4% to $3.0 billion, driven by a blended same-restaurant sales increase of 4.7% an ...

Core Insights - Darden Restaurants, Inc. reported strong financial results for the first quarter of fiscal 2026, with total sales increasing by 10.4% to $3.0 billion, driven by a same-restaurant sales increase of 4.7% and contributions from acquisitions [2][6][7]. Financial Performance - Consolidated sales for Q1 2026 were $3,044.7 million, compared to $2,757.0 million in Q1 2025, reflecting a growth of 10.4% [4]. - Same-restaurant sales growth was reported at 4.7%, with Olive Garden and LongHorn Steakhouse showing increases of 5.9% and 5.5%, respectively [2][4]. - Adjusted diluted net earnings per share from continuing operations increased by 12.6% to $1.97, up from $1.75 in the prior year [7][19]. Segment Performance - Olive Garden generated sales of $1,301.1 million in Q1 2026, with a segment profit of $267.6 million, compared to $1,209.1 million and $250.1 million in Q1 2025 [4]. - LongHorn Steakhouse reported sales of $776.4 million and a segment profit of $134.9 million, up from $713.5 million and $128.4 million, respectively [4]. - The Fine Dining segment experienced a slight decline in profit, with a segment profit of $38.7 million compared to $38.9 million in the previous year [4]. Shareholder Returns - The Board of Directors declared a quarterly cash dividend of $1.50 per share, payable on November 3, 2025 [5]. - During the quarter, the company repurchased approximately 0.9 million shares for a total of $183 million, with $865 million remaining under the current $1 billion repurchase authorization [8][7]. Future Outlook - The company updated its full-year financial outlook for fiscal 2026, projecting total sales growth of 7.5% to 8.5%, including approximately 2% growth related to the addition of a 53rd week [14]. - Same-restaurant sales growth is expected to be between 2.5% to 3.5%, with plans to open approximately 65 new restaurants [14].

Group 1 - Darden Restaurants Inc. (DRI) is expected to report quarterly earnings of $2.00 per share with revenue of $3.04 billion [2] - Bullish BLSH reported a profit of 93 cents per share for the second quarter, recovering from a loss of $1.03 per share a year ago, with revenue increasing to $58.63 million from $49.57 million [2] - Factset Research Systems Inc. (FDS) is anticipated to post quarterly earnings of $4.13 per share on revenue of $593.45 million [2] - 89bio Inc. (ETNB) has agreed to be acquired by Roche for $14.50 per share, representing a 79% premium to its closing stock price on September 17 [2] - FedEx Corp. (FDX) is expected to report quarterly earnings of $3.62 per share with revenue of $21.67 billion [2]

The company is set to report earnings for the first quarter of fiscal 2026 on Thursday before the market opens. ...

Core Insights - Darden Restaurants, Inc. is a significant player in the full-service restaurant industry, operating 1,867 restaurants in the U.S. and Canada, with popular brands like Olive Garden and LongHorn Steakhouse [1] - The consensus price target for Darden has increased from $200.21 last year to $245.67, reflecting a positive shift in analysts' expectations regarding the company's growth prospects [3][6] - Darden's strategic initiatives, including closing underperforming concepts and pursuing capital-light franchising, aim for a revenue growth of 7-8% and a 7% increase in dividends, alongside a new $1 billion buyback authorization [5][6] Financial Performance - Darden's upcoming first-quarter earnings report is highly anticipated, with expectations for strong performance driven by margin expansion and robust same-store sales [4] - Credit Suisse analyst Lauren Siberman has set a lower price target of $152, indicating a more cautious outlook compared to the consensus price target [2][6] - The company's strong sales momentum from Olive Garden and LongHorn supports the optimistic outlook, although challenges like beef inflation and higher leverage compared to peers could impact profitability [3]

CHONGQING, CHINA - SEPTEMBER 14: In this photo illustration, a smartphone held in a hand shows the logo of Darden Restaurants Inc. (NYSE: DRI), a U.S. company operating restaurant brands such as Olive Garden and LongHorn Steakhouse, with the company's logo enlarged in the background on September 14, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty ImagesDarden Restaurants (NYSE: DRI), the casual dining powerhouse behind Olive Garden and LongHorn, is set to announce its fiscal Q1 ...

Core Viewpoint - Darden Restaurants is expected to report strong quarterly earnings, with significant growth in EPS and revenue despite facing challenges like beef inflation [2][5][6] Financial Performance - Analysts estimate an EPS of $1.99 to $2.01, reflecting a year-over-year increase of 13.7% from $1.75 [2][6] - Revenue is projected to rise by 10.2% to approximately $3.04 billion, compared to $2.76 billion a year ago [2][6] Market Reaction - Darden's shares recently declined by 0.6%, trading at $210.83, despite exceeding fourth-quarter expectations [3] - Keybanc analyst Eric Gonzalez maintained an Overweight rating, adjusting the price target from $245 to $240, indicating cautious optimism [3] Financial Metrics - The company has a P/E ratio of 23.44 and a price-to-sales ratio of 2.04, suggesting favorable market valuation [4] - A debt-to-equity ratio of 2.57 indicates a higher level of debt, which may affect financial flexibility [4] - The current ratio of 0.42 suggests potential challenges in covering short-term liabilities [4] Strategic Outlook - Darden must demonstrate resilience in its growth strategy as it faces higher leverage and unpredictable input costs [5] - Investors are closely monitoring the upcoming earnings release to assess the company's ability to navigate the current economic environment [5]

Group 1 - Darden Restaurants, Inc. is set to release its first-quarter earnings on September 18, with analysts expecting earnings of $2.01 per share, an increase from $1.75 per share in the same period last year [1] - The company projects quarterly revenue of $3.04 billion, compared to $2.76 billion a year earlier [1] Group 2 - On June 20, Darden reported better-than-expected fourth-quarter financial results, although shares fell by 0.6% to $210.83 [2] - Analysts have provided various ratings and price targets for Darden, with Keybanc maintaining an Overweight rating and lowering the price target from $245 to $240 [6] - Truist Securities reiterated a Buy rating with a price target of $252, while BMO Capital increased its price target from $190 to $215 [6] - JP Morgan raised its price target from $218 to $240, and Raymond James increased its target from $230 to $240, with respective ratings of Overweight and Outperform [6]

Earnings Report - Darden Restaurants, Inc. is set to release its first-quarter earnings on September 18, with analysts expecting earnings of $2.01 per share, an increase from $1.75 per share in the same period last year [1] - The company projects quarterly revenue of $3.04 billion, up from $2.76 billion a year earlier [1] Dividend Information - Darden currently offers an annual dividend yield of 2.83%, translating to a semi-annual dividend of $1.50 per share, or $6.00 annually [2] - To achieve a monthly income of $500 from dividends, an investment of approximately $212,160 or around 1,000 shares is required; for a more modest $100 per month, an investment of $42,432 or around 200 shares is needed [2][3] Stock Performance - Darden's shares fell 0.2% to close at $212.16 on Monday [5] - Analyst Jim Salera from Stephens & Co. maintained an Equal-Weight rating on Darden and raised the price target from $212 to $215 [5]