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Darden Restaurants (GB:0I77)
LSE:0I77
Earnings Data
Report Date
Jun 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
3.63Last Year’s EPS
2.98Same Quarter Last Year
Moderate Buy
Based on 21 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a clearly positive operational and financial performance: meaningful top-line growth, brand-level outperformance (notably LongHorn and Olive Garden), EPS growth, strong unit growth plans, and disciplined capital returns. Headwinds include elevated commodity (beef) costs, modest margin compression, weather-related disruption, and strategic restructuring of Bahama Breeze. Management provided constructive guidance for Q4 and FY26 and signaled prudent flexibility on pricing and marketing. On balance, positive achievements and guidance materially outweigh the listed challenges.Company Guidance
Strong Top-Line Growth
Total sales of $3.3 billion, up 5.9% year-over-year; same-restaurant sales growth of 4.2%, outperforming the Black Box industry benchmark by ~540 basis points for the quarter.
Brand-Level Outperformance
All segments delivered positive same-restaurant sales: LongHorn +7.2%, Olive Garden +3.2%, Fine Dining +2.1%, Other Business +3.9%; each of the four largest brands exceeded industry same-restaurant sales by more than 400 bps.
Earnings and Profitability
Adjusted diluted net earnings per share from continuing operations of $2.95, up 5.4% year-over-year; adjusted EBITDA of $579 million; adjusted earnings from continuing operations $341 million (10.2% of sales).
Capital Allocation and Shareholder Returns
Returned $300 million to shareholders in Q3 ($173 million dividends and $127 million share repurchases); FY26 guidance includes continued returns and planned ~$70 new restaurants for the year (guidance: ~70 openings).
Unit Growth and Pipeline
Opened 16 restaurants during the quarter (31 net new restaurants added year-to-date per management remarks); updated FY27 plan calling for 75–80 new restaurants plus conversions of 14 Bahama Breeze locations.
Updated Fiscal 2026 Guidance
Management raised/updated FY26 outlook: total sales growth ~9.5%, same-restaurant sales growth ~4.5%, ~70 new restaurant openings, commodities inflation ~4%, adjusted diluted EPS $10.57–$10.67 (includes ~$0.25 for a 53rd week).
Operational Strength and Team Metrics
Historically high team member and manager retention, strong guest satisfaction (Olive Garden reported all-time high service and overall scores), LongHorn recognized as a Best Place to Work by Glassdoor; retention cited as driver of consistency and productivity.
Strategic Menu and Product Initiatives
Olive Garden completed rollout of lighter portion menu (seven dishes under $15) and extended Buy One Take One with increased media support; management reports lighter-portion mix and frequency tracking in line with expectations and positive guest value/portion scores.
GB:0I77 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:0I77 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 19, 2026 | $201.47 | $204.60 | +1.55% |
Dec 18, 2025 | $189.79 | $188.24 | -0.82% |
Sep 18, 2025 | $208.53 | $190.10 | -8.84% |
Jun 20, 2025 | $217.78 | $217.39 | -0.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Darden Restaurants (GB:0I77) report earnings?
Darden Restaurants (GB:0I77) is schdueled to report earning on Jun 18, 2026, Before Open (Confirmed).
What is Darden Restaurants (GB:0I77) earnings time?
Darden Restaurants (GB:0I77) earnings time is at Jun 18, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Darden Restaurants stock?
The P/E ratio of Darden Restaurants is N/A.
What is GB:0I77 EPS forecast?
GB:0I77 EPS forecast for the fiscal quarter 2026 (Q4) is 3.63.
