Darden Restaurants (DRI) Q4 Earnings Beat Expectations with $3.66 EPS

AI Summary

Darden Restaurants Inc (NYSE:DRI) reported adjusted earnings per share of $3.66 for Q4 ending May 31, 2026, surpassing estimates of $3.63. Revenue increased 13.7% year over year to $3.72 billion, falling short of the $3.73 billion forecast. Total sales for fiscal 2026 rose 9.4% to $13.21 billion, aided by a 4.5% same-restaurant sales gain and the opening of 43 new locations. During the quarter, Darden repurchased $138 million in stock, and fourth quarter same-restaurant sales varied by brand, with LongHorn Steakhouse showing the highest growth at 9.5%.