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Darden Restaurants Inc
XMUN:DDN

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Darden Restaurants Inc Logo
Darden Restaurants Inc
XMUN:DDN
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Price: 174.96 EUR -1.15%
Market Cap: €20.9B

Darden Restaurants Inc
Investor Relations

Darden Restaurants is a full-service restaurant company that owns and runs a portfolio of casual dining brands, including Olive Garden, LongHorn Steakhouse, and several other sit-down restaurant chains. It sells prepared food and drinks to everyday diners who want a meal served at the table, not a takeaway concept. The company makes money mainly from customer spending at its restaurants, with each brand aimed at a different meal occasion and price point. The business sits in the middle of the restaurant value chain: it does not just franchise a concept, it also manages many of the restaurants, the menus, purchasing, staffing, and guest experience. That gives Darden tight control over food quality, service style, and brand presentation. Its scale helps it buy ingredients, equipment, and other supplies for a large network of restaurants, which is important in a business where margins depend on careful cost control. Darden’s main customers are families, couples, and groups looking for a familiar sit-down meal, often for lunch, dinner, or special occasions. Its revenue comes from guest checks at company-run restaurants and, where applicable, franchise-related fees. What makes the model distinct is the combination of strong branded restaurant names with centralized management, so the company can spread recipes, operations, and buying power across many locations while keeping each brand’s identity clear.

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Last Earnings Call
Fiscal Period
Q1 2027
Call Date
Sep 24, 2026
AI Summary
Q1 2027

Quarter: Darden said results were in line with expectations, with $3.2 billion in sales, up 5.1%, and comparable-calendar same-restaurant sales growth of 3.2%.

Brand trends: Each segment delivered positive same-restaurant sales. LongHorn grew 6.8%, Yard House grew 10%, and Olive Garden grew 1%.

Guidance: Darden reaffirmed its fiscal 2027 outlook, including diluted earnings per share of $11.10 to $11.35.

Sales drivers: Sales trends improved through the quarter and into September as World Cup and lettuce-related headwinds eased, alongside brand initiatives such as Olive Garden’s Never-Ending Pasta Bowl.

Margins: Consolidated restaurant-level EBITDA margin was 18.8%, flat year over year; LongHorn margin rose 60 basis points while Olive Garden’s declined 20 basis points.

Growth: Yard House plans 13 openings this fiscal year, including Bahama Breeze conversions, and Darden described high-single-digit long-term unit growth goals for Yard House and Chuy’s.

Costs: The company expects 3% commodity inflation for the year and said pricing should moderate from 3.7% in Q1 to low-to-mid-2% levels by Q4.

Key Financials
Total sales
$3.2 billion
Comparable-calendar same-restaurant sales
3.2%
Diluted earnings per share
$2.05
EBITDA
$464 million
Shareholder returns
$406 million
Dividends
$184 million
Share repurchases
$222 million
Restaurant-level EBITDA margin
18.8%
Earnings from continuing operations
$234 million
Effective tax rate
12.9%
Olive Garden same-restaurant sales
1%
Olive Garden segment profit margin
20.4%
LongHorn same-restaurant sales
6.8%
LongHorn segment profit margin
18%
Fine Dining same-restaurant sales
1%
Other Business same-restaurant sales
4.5%
Yard House same-restaurant sales
10%
Other Business segment profit margin
15.8%
Pricing
3.7%
Commodity inflation
3.5%
First-party delivery sales
4.8% of sales
Net new restaurants
53
World Cup impact on Darden same-restaurant sales
approximately 80 basis points net negative
Earnings Call Recording
Other Earnings Calls

Management

Mr. Matthew R. Broad J.D.
Senior VP, General Counsel, Chief Compliance Officer & Corporate Secretary
No Bio Available
Mr. Todd A. Burrowes
President of Business Development
No Bio Available
Mr. Christopher Chang
Senior VP & Chief Information Officer
No Bio Available
Ms. Susan M. Connelly
Senior VP and Chief Communications & Public Affairs Officer
No Bio Available
Ms. Sarah H. King
Senior VP and Chief People & Diversity Officer
No Bio Available
Mr. Douglas J. Milanes
Senior VP & Chief Supply Chain Officer
No Bio Available
Mr. Kevin Kalicak
Senior Vice President of Finance for Olive Garden
No Bio Available
Ms. Jaime Bunker
Senior Vice President of Marketing - Olive Garden
No Bio Available
Ms. Laura Williamson
President of LongHorn Steakhouse
No Bio Available
Mr. Mike Wilson
Senior Vice President of Finance at LongHorn Steakhouse
No Bio Available

Contacts

Address
FLORIDA
Orlando
1000 DARDEN CENTER DRIVE
Contacts
+14072454000
www.darden.com