HighGravityDataDarden Restaurants — Sep 18, 2025 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000940944-25-000045
Showing in the filing
Adjusted diluted net earnings per share from continuing operations
“$10.50 to $10.70”
Period
FY2026
Measure
Company-defined measure
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
(Analysts) Courtney Aquilla, (407) 245-5054; (Media) Rich Jeffers, (407) 245-4189 Fiscal Q1 Reported to Adjusted Earnings Reconciliation Q1 2026 Q1 2025 $ in millions, except per share amounts Earnings Before Income Tax Income Tax Expense Net Earnings Diluted Net Earnings Per Share Earnings Before Income Tax Income Tax Expense Net Earnings Diluted Net Earnings Per Share Reported Earnings from Continuing Operations $ 293.8 $ 35.9 $ 257.9 $ 2.19 $ 232.1 $ 24.5 $ 207.6 $ 1.74 % Change vs Prior Year 25.9% Adjustments: Acquisition transaction and integration related costs 3.6 0.9 2.7 0.02 1.5 0.3 1.2 0.01 Closed restaurants 2 3.1 0.8 2.3 0.02 — — — — Gain on Olive Garden Canada sale (42.0) (10.5) (31.5) (0.26) — — — — Adjusted Earnings from Continuing Operations $ 258.5 $ 27.1 $ 231.4 $ 1.97 $ 233.6 $ 24.8 $ 208.8 $ 1.75 % Change vs Prior Year 12.6% 3 Reconciliation of Fiscal 2026 Reported to Adjusted Earnings Outlook 2026 Reported diluted net earnings per share from continuing operations $10.64 to $10.84 Chuy's transaction and integration related costs 0.06 0.06 Closed restaurants 2 0.06 0.06 Gain on Olive Garden Canada sale (0.26) (0.26) Adjusted diluted net earnings per share from continuing operations $10.50 to $10.70 Darden Restaurants, Inc. Number of Company-Owned Restaurants 8/24/25 8/25/24 Olive Garden 933 923 LongHorn Steakhouse 595 577 Cheddar's Scratch Kitchen 182 181 Chuy's 108 — Yard House 89 88 Ruth's Chris Steak House 82 82 The Capital Grille 73 68 Seasons 52 43 44 Eddie V's 29 29 Bahama Breeze 28 44 The Capital Burger 3 4 Darden Continuing Operations 2,165 2,040 4 DARDEN RESTAURANTS, INC. CONSOLIDATED STATEMENTS OF EARNINGS (In millions, except per share data) (Unaudited) Three Months Ended 8/24/2025 8/25/2024 Sales $ 3,044.7 $ 2,757.0 Costs and expenses: Food and beverage 929.1 846.7 Restaurant labor 988.0 889.3 Restaurant expenses 504.2 453.7 Pre-opening costs 5.9 4.5 Marketing expenses 49.1 44.7 General and administrative expenses 136.1 126.4 Depreciation and amortization 135.1 121.5 Impairments and (gain) loss on disposal of assets, net (42.0) 1.0 Total operating costs and expenses $ 2,705.5 $ 2,487.8 Operating income 339.2 269.2 Interest, net 45.4 $ 37.1 Earnings before income taxes 293.8 232.1 Income tax expense 35.9 24.5 Earnings from continuing operations $ 257.9 $ 207.6 Losses from discontinued operations, net of ta
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.