Darden Restaurants — Jun 24, 2026 release

Q4 Sales Q4 Segment Profit ($ in millions) 2026 2025 2026 2025 Consolidated Darden $3,718.8 $3,271.7 Olive Garden $1,538.0 $1,381.0 $373.0 $328.4 LongHorn Steakhouse $1,016.5 $833.8 $215.2 $167.8 Fine Dining $371.0 $334.6 $69.0 $62.9 Other Business $793.3 $722.3 $142.1 $126.3 Annual Sales Annual Segment Profit ($ in millions) 2026 2025 2026 2025 Consolidated Darden $13,210.9 $12,076.7 Olive Garden $5,594.8 $5,212.9 $1,257.9 $1,163.9 LongHorn Steakhouse $3,423.0 $3,025.5 $635.1 $582.7 Fine Dining $1,375.7 $1,304.8 $243.1 $242.5 Other Business $2,817.4 $2,533.5 $446.9 $397.4 Dividend Declared Darden’s Board of Directors declared a quarterly cash dividend of $1.62 per share on the Company’s outstanding common stock, an 8.0% increase from the third quarter of fiscal 2026. The dividend is payable on August 3, 2026 to shareholders of record at the close of business on July 10, 2026. Share Repurchase Program During the quarter, the Company repurchased approximately 0.7 million shares of its common stock for a total of $138 million 4 . In addition, on Wednesday, June 24, 2026, Darden’s Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $1.5 billion of its outstanding common stock. This repurchase program does not have an expiration and replaces the previously existing share repurchase authorization. “Our strong operating model generates significant and durable cash flows,” said Darden CFO Raj Vennam. “Since 2019, we have delivered 9% annualized adjusted EBITDA growth. This consistent cash generation provides more than sufficient capacity each year to fund the core requirements of the business, including maintenance capital to sustain our existing asset base, continued growth of our dividend, and investment in new restaurant development.” Fiscal 2027 Financial Outlook Below is the full year financial o