Darden Restaurants Boosts FY26 Sales Growth Outlook; Declares Dividend - Update

Darden Restaurants

150.04 CHF -9.57%

• Charts
• News
• Analysen

Kaufen Verkaufen

(RTTNews) - While reporting financial results for the first quarter on Thursday, restaurant company Darden Restaurants, Inc. (DRI) maintained its net earnings from continuing operations for the full-year 2026, while raising annual net sales growth.

For fiscal 2026, the company continues to project net earnings from continuing operations in the range of $10.50 to $10.70 per share.

The company now projects total sales growth of 7.5 to 8.5 percent, with same-restaurant sales growth of 2.5 to 3.5 percent. It also now expects 65 new restaurant openings. Previously, the company expected total sales growth of 7 to 8 percent, with same-restaurant sales growth of 2.0 to 3.5 percent. It also expects 60 to 65 new restaurant openings.

On average, analysts polled expect the company to report earnings of $10.69 per share on total sales growth of 8.29 percent to $13.08 billion for the year. Analysts' estimates typically exclude special items.

Darden's Board of Directors declared a quarterly cash dividend of $1.50 per share on the Company's outstanding common stock, payable on November 3, 2025 to shareholders of record at the close of business on October 10, 2025.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com