Darden Restaurants Reports Fiscal 2026 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2026 Financial Outlook
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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US:NYSE Investor Relations:
investor.darden.com/investors/investor-relations/default.aspx
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Source: PR Newswire
ORLANDO, Fla., March 19, 2026 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 22, 2026.Third Quarter 2026 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last YearTotal sales increased 5.9% to $3.3 billion, driven by a blended same-restaurant sales1 increase of 4.2% and sales from 31 net new restaurantsSame-restaurant sales:Consolidated Darden14.2 %Olive Garden3.2 %LongHorn Steakhouse7.2 %Fine Dining2.1 %Other Business13.9 %Reported diluted net earnings per share from continuing operations were $2.68Excluding $0.05 of closed restaurant and other costs related to the exploration of strategic alternatives for the Bahama Breeze brand2, $0.16 of impairment due to restaurant closures3 and $0.06 of income tax adjustments and benefits, adjusted diluted net earnings per share from continuing operations were $2.95, an increase of 5.4%4The Company repurchased $127 million of its outstanding common stock"W
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News
- The Case for Darden Restaurants (DRI) Gets Stronger [Yahoo! Finance]Yahoo! Finance
- Will Darden's (DRI) Raised 2026 Sales Outlook and Buyback Shift Its Investment Narrative? [Yahoo! Finance]Yahoo! Finance
- Chili's roasts Ruth's Chris after dress code controversy ignites online outrage [FOX News]FOX News
- Darden Restaurants Has the Growth and Cash Flow to Hit New Highs [Yahoo! Finance]Yahoo! Finance
- Darden Restaurants (DRI) had its price target raised by Citigroup Inc. from $235.00 to $238.00. They now have a "buy" rating on the stock.MarketBeat
DRI
Earnings
- 3/19/26 - Miss
DRI
Sec Filings
- 3/24/26 - Form 4
- 3/23/26 - Form 144
- 3/19/26 - Form 8-K
- DRI's page on the SEC website