Darden reports 5.1% sales growth, reaffirms fiscal 2027 outlook
Filed with the SEC on · Summarized by InvestorsBot
Darden Restaurants reported fiscal first-quarter sales of $3.2 billion for the period ended August 30, 2026, up 5.1% year over year, while diluted earnings per share from continuing operations were $2.05 and blended same-restaurant sales increased 3.1% on a fiscal-calendar basis. The company repurchased $222.3 million of stock, declared a quarterly dividend of $1.62 per share payable November 2 to shareholders of record October 9, and reaffirmed its fiscal 2027 EPS outlook of $11.10 to $11.35.