Darden Restaurants (NYSE: DRI) grows sales, reshapes brands and boosts EPS

NodeGuardian · 2026-04-01T01:36:07+00:00

Darden Restaurants reported a 7.8% increase in year-to-date sales to $9.49 billion, influenced by same-restaurant growth and an acquisition. Despite mixed earnings, the company plans 70 new openings and forecasts 9.5% sales growth for fiscal 2026.

NodeGuardian

2026-04-01 01:36:07

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Darden Restaurants reported increased sales and mixed earnings in its latest quarter, with year-to-date sales growing 7.8% to $9.49 billion, driven by same-restaurant growth, new units, and the Chuy’s acquisition. The company is actively reshaping its brand portfolio by selling Olive Garden Canada and planning to close or convert 14 Bahama Breeze locations, while forecasting overall sales growth of 9.5% and 70 new restaurant openings for fiscal year 2026. Despite a slight dip in quarterly net earnings, year-to-date EPS from continuing operations rose to $6.91, supported by solid operating income and strong cash flows.

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