DRI News & Analysis
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Market Mood
Darden Restaurants (DRI) Q4 Earnings Beat Expectations with $3.66 EPS
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%.
Read More: Darden Restaurants (DRI) Q4 Earnings Beat Expectations with $3.66 EPS
Darden Restaurants (DRI) Reports Q4 Earnings, EPS at $3.66 Beats Estimates
Darden Restaurants (DRI) reported fiscal Q4 earnings with an adjusted EPS of $3.66, beating the expected $3.63. Revenue totaled $3.72 billion, slightly below the projected $3.73 billion. Net income rose to $404.9 million from $303.8 million year-over-year. Same-store sales across all restaurants grew 4.6%, surpassing the estimated 4.1%. However, Olive Garden's same-store sales growth of 2.4% fell short of the 3.2% expectation, impacting market sentiment leading to a more than 3% decline in premarket trading.
Read More: Darden Restaurants (DRI) Reports Q4 Earnings, EPS at $3.66 Beats Estimates
Bravo Brio (BRIO) Files Second Chapter 11 Bankruptcy in 2025
Bravo Brio Restaurant Group filed for Chapter 11 bankruptcy for the second time in August 2025 in Florida, following earlier struggles that led to the company operating 38 total restaurants, down from a peak of 130. The chain, which competes with Olive Garden (DRI), cited economic pressures, including inflation and rising costs, as significant factors impacting performance. The company aims to restructure by closing underperforming locations and cutting costs. As reported, the brand currently has 19 remaining locations each for its Bravo and Brio names across 10 states.
Read More: Bravo Brio (BRIO) Files Second Chapter 11 Bankruptcy in 2025
Darden (DRI) SVP Douglas Milanes Sells $731,837 in Shares
Douglas Milanes, Senior Vice President of Darden Restaurants (DRI), executed a sale of shares totaling $731,837. These transactions are part of Milanes' portfolio adjustments and may impact investor perception of the company. Tracking insider sales can provide insights into company confidence among executives and their anticipation of future performance. Market observers often watch such sales closely to gauge potential sentiment shifts around Darden's stock.
Read More: Darden (DRI) SVP Douglas Milanes Sells $731,837 in Shares