Darden reports fiscal 2026 fourth quarter and full year results
Sales increased 13.7% to $3.72 billion in Q4, diluted EPS up 22.8%.
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Full-service restaurant company
darden.comLast updated
In short: Darden posted record-breaking fiscal 2026 sales exceeding $13 billion, driven by strong growth at LongHorn Steakhouse and Olive Garden.
Sales increased 13.7% to $3.72 billion in Q4, diluted EPS up 22.8%.
Total sales rose 5.9% to $3.3 billion. Adjusted EPS increased 5.4% to $2.95. Declares $1.50 quarterly dividend. Updates full-year outlook.
It will close 14 locations and convert the remaining 14 to other Darden brands. Actions are not expected to materially impact financial results.
Total sales rose 7.3% to $3.1 billion. Declares $1.50 quarterly dividend. Updates fiscal 2026 outlook to $10.50-$10.70 adjusted EPS.
Cardenas exercised stock options at $124.24 per share and immediately sold, reducing his direct holdings but maintaining 86,145 shares valued at $17.83 million.
This executive sold shares at $210.42 each amid a flurry of insider selling activity, but there's much more to the story for long-term investors.
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