NYSE$DRI

Darden Restaurants Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Darden Restaurants reported fiscal Q1 2026 sales of $2.35B with net earnings of $258M and diluted EPS of $2.19.

First-quarter sales were $2.35 billion across Olive Garden, LongHorn, and specialty brands. Net earnings were $257.8 million and diluted EPS was $2.19. Same-restaurant sales and commodity costs drove the narrative.

  • Q1 sales $2.35B; Olive Garden and LongHorn lead the portfolio.
  • Diluted EPS $2.19; net earnings $258M.
  • Traffic and pricing initiatives support comparable sales.
  • Labor and food inflation can compress restaurant margins.

Headline financials

Total Revenue

$3.04B

Previous: $2.76B+10.4%
EPS (adj)

$2.19

Previous: $1.74+25.9%
LongHorn same-restaurant sales

5.5%

No prior period
Fine Dining same-restaurant sales

-0.2%

No prior period
Other Business same-restaurant sales

3.3%

No prior period
Olive Garden same-restaurant sales

5.9%

No prior period
Capital Expenditures

-$174M

Previous: -$145M-19.9%
Free Cash Flow

$83.7M

Previous: $62M+35.0%
Net Income

$258M

Previous: $207M+24.4%
Operating Income

$339M

Previous: $269M+26.0%
Gross Profit

$574M

Previous: $518M+10.8%
Cash & Equivalents

$211M

Previous: $193M+9.6%
Total Assets

$12.8B

Previous: $11.4B+12.4%

Revenue & EPS history

Darden · Revenue · Quarterly

$3.04B

Q1 2026+10.4%vs Q1 2025
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Darden · $3.72B total across 4 segments · Q4 2026

  • Olive Garden
    $1.54B
  • LongHorn Steakhouse
    $1.02B
  • Other Business
    $793M
  • Fine Dining
    $371M

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks.

Tailwinds

  • MD&A highlights liquidity and core business trends.
  • Management commentary on segment performance.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items can affect YoY comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.2%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+3.7%

Avg return

30 days after

59%

41 / 70 earnings

Positive

+17.3%

Q2 2025

Best reaction

-9.7%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026+3.8%-4.2%
Q2 2026+2.8%-1.3%+13.2%
Q1 2026-7.8%-10.7%-9.9%
Q4 2025-0.8%-3.7%-7.2%
Q3 2025+5.8%+10.1%+6.4%
Q2 2025+17.3%+16.8%+13.7%
Q1 2025+6.9%+7.5%+3.4%
Q4 2024+0.9%+0.7%-6.0%
Q3 2024-5.4%-6.3%-12.6%
Q2 2024+2.5%-0.6%-3.7%
Q1 2024-4.0%-5.4%-5.9%
Q4 2023-3.1%-1.8%+2.4%
Q3 2023+1.0%+2.3%+0.5%
Q2 2023-3.1%-3.0%+4.9%
Q1 2023-6.8%-5.9%+1.6%
Q4 2022+4.1%-0.0%+5.4%
Q3 2022-0.9%+2.6%+2.4%
Q2 2022-6.2%-1.4%-2.8%
Q1 2022+5.6%+3.7%-3.3%
Q4 2021+6.4%+6.2%+6.7%
Q3 2021+11.2%+8.3%+7.5%
Q2 2021-1.4%+0.8%+2.1%
Q1 2021+8.0%+12.0%+10.6%
Q4 2020+3.0%+7.0%+11.1%
Q3 2020+14.2%+57.8%+85.5%
Q2 2020-5.2%-6.7%-2.4%
Q1 2020-5.8%-7.3%-13.1%
Q4 2019+3.3%+4.9%+6.0%
Q3 2019+8.1%+9.6%+7.6%
Q2 2019+1.8%+0.3%+9.2%
Q1 2019-4.2%-4.1%-9.8%
Q4 2018+16.7%+15.6%+18.4%
Q3 2018-9.7%-9.7%-2.4%
Q2 2018+5.7%+6.5%+7.5%
Q1 2018-4.8%-5.2%-0.4%
Q4 2017+1.6%+0.4%-6.2%
Q3 2017+7.7%+9.1%+12.2%
Q2 2017+0.1%-1.6%-4.1%
Q1 2017+0.3%+0.4%+4.0%
Q4 2016-4.5%-6.8%-6.7%
Q3 2016-3.5%
Q2 2016+9.1%
Q1 2016+1.2%
Q4 2015+2.1%
Q3 2015+6.7%
Q2 2015-0.2%
Q1 2015+3.4%
Q4 2014-3.5%
Q3 2014+2.8%
Q2 2014-3.5%
Q1 2014-0.2%
Q4 2013-4.3%
Q3 2013+2.9%
Q2 2013-3.6%
Q1 2013+3.5%
Q4 2012-1.7%
Q3 2012+0.2%
Q2 2012-1.4%
Q1 2012-7.4%
Q4 2011-0.8%
Q3 2011-0.4%
Q2 2011-0.6%
Q1 2011+1.5%
Q1 2010+1.5%
Q4 2008+2.1%
Q2 2010+2.1%
Q4 2010+2.1%
Q3 2010+2.3%
Q3 2009+2.3%
Q4 2009+2.3%

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