Darden Posts First-Quarter Sales Growth, Reaffirms Fiscal 2027 Outlook

Darden Restaurants opened fiscal 2027 with higher sales and earnings in the first quarter, helped by positive same-restaurant sales across all of its business segments.

For the quarter ended Aug. 30, 2026, total sales increased 5.1% to $3.2 billion. Blended same-restaurant sales rose 3.1% on a fiscal calendar basis and 3.2% on a comparable calendar basis.

Reported diluted net earnings per share from continuing operations were $2.05, up 4.1% from last year’s adjusted diluted net earnings per share from continuing operations. The company...

Darden Sees Same-Store Sales Growth Across All Segments in Fiscal 2026

Darden Restaurants closed fiscal 2026 with sales and earnings growth that, according to President & CEO Rick Cardenas, outpaced the broader restaurant industry. Results were driven by positive same-restaurant sales across all segments, continued unit expansion and the benefit of a 53rd week of operations.

The company reported fiscal 2026 sales of $13.21 billion, up 9.4%, while blended same-restaurant sales increased 4.5%.

"Our performance throughout the fiscal year reflects the strength of our brands, the discipline of our strategy, and the quality of our...

Darden Delivers Strong Q3 as Sales Climb 5.9% YOY

Darden Restaurants reported solid growth in its third quarter of fiscal 2026, with total sales rising 5.9% year-over-year (YOY) to $3.3 billion. This increase was driven by a blended same-restaurant sales gain of 4.2% and contributions from 31 net new restaurant openings.

"We delivered a strong quarter," said Darden President & CEO Rick Cardenas. "We continue to outperform the industry same-restaurant sales benchmark, and this quarter we widened that gap as Olive Garden, LongHorn Steakhouse, Yard House, and Cheddar's Scratch Kitchen each significantly...

Darden Restaurants Outlines Strategic Changes for Bahama Breeze Banner

Today, Darden Restaurants announced that it has completed its exploration of strategic alternatives for its Bahama Breeze banner, following previous discussions of potentially selling or introducing other Darden brands at those locations.

The company has now confirmed both decisions: 14 Bahama Breeze locations will permanently close, while space from the remaining 14 stores will be used for other restaurants within the Darden umbrella.