Darden Restaurants reported fourth-quarter fiscal 2026 adjusted earnings per share of $3.66, beating the Zacks Consensus Estimate of $3.63, while total sales of $3.72 billion missed the consensus mark of $3.74 billion. Sales increased 13.7% year over year, driven by a blended same-restaurant sales increase of 4.6%, contributions from 43 net new restaurants, and an extra week of operations. By segment, Olive Garden sales rose 11.4% to $1.54 billion, LongHorn Steakhouse sales jumped 21.9% to $1.02 billion, Fine Dining sales grew 10.9% to $371 million, and Other Business sales increased 9.8% to $793.3 million. For fiscal 2027, the company expects total sales between $13.60 billion and $13.75 billion and same-restaurant sales growth of 2.5% to 3.5%, with plans to open 75 to 80 new restaurants.
Darden Restaurants IncDarden reported Q4 earnings beat and raised guidance for fiscal 2027.
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