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Darden Restaurants — Sep 18, 2025 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000940944-25-000045
Open on SEC.gov ↗
Showing in the filing
Quarterly cash dividend declared
“$1.50 per share”
Period
No period stated
Measure
Declared action
Source
Prose
All guidance in this release · 10
Quarterly cash dividend declared
“$1.50 per share”
Total sales growth for FY2026
“7.5% to 8.5%, including approximately 2% growth related to the 53rd week”
53rd week contribution to total sales growth for FY2026
“approximately 2% growth”
Same-restaurant sales growth for FY2026
“2.5% to 3.5%”
Total capital spending for FY2026
“$700 to $750 million”
Total inflation for FY2026
“3.0% to 3.5%”
Effective tax rate for FY2026
“approximately 13%”
53rd week contribution to adjusted diluted n… for FY2026
“Approximately $0.20”
Weighted average diluted shares outstanding for FY2026
“Approximately 117 million”
Adjusted diluted net earnings per share from… for FY2026
“$10.50 to $10.70”
Exhibit 99.1 · the passage around this item
… earlier in the release
2 Costs related to the closure of 22 underperforming restaurants that were permanently closed during the fourth quarter of Fiscal 2025 3 See the "Non-GAAP Information" below for more details 1 Dividend Declared Darden's Board of Directors declared a quarterly cash dividend of $1.50 per share on the Company's outstanding common stock. The dividend is payable on November 3, 2025 to shareholders of record at the close of business on October 10, 2025. Share Repurchase Program During the quarter, the Company repurchased approximately 0.9 million shares of its common stock for a total of $183 million. As of the end of the fiscal first quarter, the Company had $865 million remaining under the current $1 billion repurchase authorization. Fiscal 2026 Financial Outlook The Company updated its full year financial outlook for fiscal 2026, which includes a 53rd week. This outlook includes the impact of the additional week. We will provide additional details during our investor conference call scheduled for this morning at 8:30 am ET. • Total sales growth of 7.5% to 8.5%, including approximately 2% growth related to the 53rd week • Same-restaurant sales 4 growth of 2.5% to 3.5% • New restaurant openings of approximately 65 • Total capital spending of $700 to $750 million • Total inflation of 3.0% to 3.5% • An effective tax rate of approximately 13% • Adjusted diluted net earnings per share from continuing operations of $10.50 to $10.70 3 , including: ◦ Approximately $0.20 related t
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.