Darden Restaurants — Dec 18, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000940944-25-000067
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 · 11
Quarterly cash dividend declared for FY2026
“$1.50 per share”
Quarterly cash dividend
“$1.50 per share”
Total sales growth for FY2026
“8.5% to 9.3%, including approximately 2% growth related to the 53rd week”
Same-restaurant sales growth for FY2026
“3.5% to 4.3%”
New restaurant openings for FY2026
“65 to 70”
Total capital spending for FY2026
“$750 to $775 million”
Total inflation for FY2026
“approximately 3.5%”
Effective tax rate for FY2026
“approximately 13%”
53rd week impact on adjusted diluted net ear… for FY2026
“Approximately $0.20”
Weighted average diluted shares outstanding for FY2026
“Approximately 116.5 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
Reconciliation of Fiscal 2026 Reported to Adjusted Earnings Outlook 2026 Reported diluted net earnings per share from continuing operations $10.62 to $10.82 Chuy's transaction and integration related costs 0.06 0.06 Closed restaurants 2 0.08 0.08 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 11/23/25 11/24/24 Olive Garden 936 925 LongHorn Steakhouse 601 580 Cheddar's Scratch Kitchen 184 181 Chuy's 109 104 Yard House 91 88 Ruth's Chris Steak House 82 82 The Capital Grille 73 70 Seasons 52 45 45 Eddie V's 30 30 Bahama Breeze 28 43 The Capital Burger 3 4 Darden Continuing Operations 2,182 2,152 4 DARDEN RESTAURANTS, INC. CONSOLIDATED STATEMENTS OF EARNINGS (In millions, except per share data) (Unaudited) Three Months Ended Six Months Ended 11/23/2025 11/24/2024 11/23/2025 11/24/2024 Sales $ 3,102.1 $ 2,890.0 $ 6,146.8 $ 5,647.0 Costs and expenses: Food and beverage 963.7 872.8 1,892.8 1,719.5 Restaurant labor 1,000.1 926.8 1,988.1 1,816.1 Restaurant expenses 508.3 472.2 1,012.5 925.9 Marketing expenses 48.7 48.8 97.8 93.5 Pre-opening costs 8.1 5.5 14.0 10.0 General and administrative expenses 117.8 144.1 253.9 270.5 Depreciation and amortization 137.9 127.7 273.0 249.2 Impairments and (gain) loss on disposal of assets, net (2.9) — (44.9) 1.0 Total operating costs and expenses $ 2,781.7 $ 2,597.9 $ 5,487.2 $ 5,085.7 Operating income 320.4 292.1
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.