AI English summary of an SEC filing — figures as filed
Darden Restaurants DRIDarden said total sales for Q1 ended August 24, 2025 increased 10.4% compared with the same quarter in the prior year to $3.0 billion. The company cited blended same-restaurant sales growth of 4.7% and sales from the acquisition of 103 Chuy's restaurants and 22 net new restaurants as factors in the sales increase.
Key points
AI summaryDarden said total sales for Q1 ended August 24, 2025 increased 10.4% compared with the same quarter in the prior year to $3.0 billion. The company cited blended same-restaurant sales growth of 4.7% and sales from the acquisition of 103 Chuy's restaurants and 22 net new restaurants as factors in the sales increase.
Reported diluted net earnings per share from continuing operations for Q1 were $2.19. Excluding Chuy's transaction and integration costs, closed restaurant costs and the gain on the sale of Olive Garden Canada restaurants, adjusted diluted net earnings per share from continuing operations were $1.97, an increase of 12.6%, the company said.
During Q1, Darden repurchased approximately 0.9 million shares for a total of $183 million. As of the end of Q1, $865 million remained under the current $1 billion repurchase authorization, the company said. The Board of Directors declared a quarterly cash dividend of $1.50 per share, payable on November 3, 2025.
Darden updated its full-year outlook to include a 53rd week, providing total sales growth of 7.5% to 8.5% and adjusted diluted net earnings per share from continuing operations of $10.50 to $10.70. The company said the outlook includes approximately $0.20 related to the 53rd week.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Fiscal 2026 Q1 Total Sales $3.0 billion
Darden said total sales for Q1 ended August 24, 2025 increased 10.4% compared with the same quarter in the prior year to $3.0 billion. The company cited blended same-restaurant sales growth of 4.7% and sales from the acquisition of 103 Chuy's restaurants and 22 net new restaurants as factors in the sales increase.
Source · Based on the filing body and exhibits
Q1 Diluted Net Earnings Per Share $2.19, Adjusted $1.97
Reported diluted net earnings per share from continuing operations for Q1 were $2.19. Excluding Chuy's transaction and integration costs, closed restaurant costs and the gain on the sale of Olive Garden Canada restaurants, adjusted diluted net earnings per share from continuing operations were $1.97, an increase of 12.6%, the company said.
Source · Based on the filing body and exhibits
Q1 Share Repurchase and Quarterly Dividend Declared
During Q1, Darden repurchased approximately 0.9 million shares for a total of $183 million. As of the end of Q1, $865 million remained under the current $1 billion repurchase authorization, the company said. The Board of Directors declared a quarterly cash dividend of $1.50 per share, payable on November 3, 2025.
Source · Based on the filing body and exhibits
Fiscal 2026 Full-Year Outlook Updated
Darden updated its full-year outlook to include a 53rd week, providing total sales growth of 7.5% to 8.5% and adjusted diluted net earnings per share from continuing operations of $10.50 to $10.70. The company said the outlook includes approximately $0.20 related to the 53rd week.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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