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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
Total sales growth
“7.5% to 8.5%, including approximately 2% growth related to the 53rd week”
Period
FY2026
Measure
GAAP-tied
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
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 to the addition of the 53rd week • Approximately 117 million weighted average diluted shares outstanding 4 Annual same-restaurant sales is a 52-week metric and excludes the impact of Chuy’s, which will not have been owned and operated by Darden for a 16-month period prior to the beginning of Fiscal 2026, as well as Bahama Breeze as they are not expected to be operated by Darden for the entirety of the fiscal year. Investor Conference Call The Company will host a conference call and slide presentation today, Thursday, September 18, 2025 at 8:30 am ET to review its recent financial performance. The call will be webcast live at: https://event.choruscall.com/mediaframe/webcast.html?webcastid=4nZwpAXI. Please allow extra time prior to the call to visit the site and download an
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.