Darden Restaurants IncDRI
▼ NegativeCapitalrelevance
GAAP EPS missed estimates by 3.6% and EPS guidance for fiscal 2027 fell 1.3% short of expectations.
Impact on stocks 1
Consumer Discretionary
Darden Restaurants IncDarden reported second-quarter fiscal 2026 revenue of $3.72 billion, in line with Wall Street expectations and up 13.7% year on year. GAAP earnings per share came in at $3.51, missing analyst estimates by 3.6%. The company guided full-year revenue to $13.68 billion at the midpoint, close to consensus, while EPS guidance for fiscal 2027 of $11.23 fell 1.3% short of expectations. Same-store sales rose 4.6%, an acceleration from historical levels, and the operating margin improved to 13.9% from 11.7% a year ago. Darden ended the quarter with 2,202 locations, up from 2,159 a year earlier.
Darden Restaurants IncGAAP EPS missed estimates by 3.6% and EPS guidance for fiscal 2027 fell 1.3% short of expectations.