Darden Restaurants — Jun 24, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000940944-26-000016
Showing in the filing
Total capital spending
“approximately $875 million”
Period
FY2027
Measure
Company-defined measure
Source
Prose
All guidance in this release · 15
Quarterly cash dividend
“$1.62 per share”
New share repurchase program authorization
“up to $1.5 billion”
Total sales for FY2027
“$13.60 billion to $13.75 billion”
Same-restaurant sales growth for FY2027
“2.5% to 3.5%”
New restaurant openings for FY2027
“75 to 80”
Total capital spending for FY2027
“approximately $875 million”
Total inflation for FY2027
“approximately 3.0%”
Effective tax rate for FY2027
“approximately 13.5%”
Diluted net earnings per share from continui… for FY2027
“$11.10 to $11.35”
EBITDA for FY2027
“$2.26 to $2.29 billion”
Weighted average diluted shares outstanding for FY2027
“Approximately 114 million”
Net Earnings from Continuing Operations for FY2027
“$1.26 billion to $1.29 billion”
Interest, Net for FY2027
“$0.21 billion $0.20 billion”
Income Tax Expense for FY2027
“$0.19 billion $0.20 billion”
Depreciation and Amortization for FY2027
“$0.60 billion $0.60 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
We will provide more details during our investor conference call scheduled for this morning at 8:30 am ET. • Total sales of $13.60 billion to $13.75 billion • Same-restaurant sales 5 growth of 2.5% to 3.5% 2 • New restaurant openings of 75 to 80 • Total capital spending of approximately $875 million • Total inflation of approximately 3.0% • An effective tax rate of approximately 13.5% • Diluted net earnings per share from continuing operations of $11.10 to $11.35 • EBITDA of $2.26 to $2.29 billion 2 • Approximately 114 million weighted average diluted shares outstanding 5 Annual same-restaurant sales is a 52-week metric and excludes the impact of Bahama Breeze as all locations are expected to be closed or converted to other brands (between Q3 fiscal 2026 and Q4 fiscal 2027). Annual Meeting of Shareholders Darden will hold its Annual Meeting of Shareholders on September 23, 2026. The meeting will be held in a virtual format only. The record date for shareholders to vote in the Annual Meeting is July 29, 2026. Investor Conference Call The Company will host a conference call today, Thursday, June 25, 2026 at 8:30 am ET to review its recent financial performance, which will be available via a live webcast through the Company’s Investor Relations website at investor.darden.com . Please allow extra time prior to the call to visit the site and download any software required to listen to the webcast. Supplemental materials will be available on the Investor Relations website prior to
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.