Darden Restaurants, Inc. (DRI)
The company now
Darden reported first-quarter fiscal 2027 sales of $3.2 billion on 24 September 2026, up 5.1 percent 2.
Same-restaurant sales, the sales of restaurants open long enough to compare fairly, rose 3.1 percent across the company 2. LongHorn Steakhouse rose 6.2 percent, while Olive Garden rose 1.1 percent 2.
Diluted earnings per share from continuing operations were $2.05 2. The company reaffirmed its fiscal 2027 outlook of $11.10 to $11.35 per share 2.
On 22 October 2026 Darden signed a new $1.5 billion bank credit line, which matures in 2031 4.
Bahama Breeze is being closed or converted to other Darden brands by the fourth quarter of fiscal 2027 2. Two conversions were done by the end of the first quarter 3.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.