The post Darden Restaurants (DRI) Q1 2026 earnings appeared on BitcoinEthereumNews.com. The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty Images Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.97 adjusted vs. $2 expected Revenue: $3.04 billion, in line with expectations Darden reported fiscal first-quarter net income of $257.8 million, or $2.19 per share, up from $207.2 million, or $1.74 per share, a year earlier. Excluding gains related to the sale of its Canadian Olive Garden restaurants, costs from restaurant closures and other items, the company earned $1.97 per share. Net sales climbed 10.4% to $3.04 billion, lifted by the company’s acquisition of Chuy’s Tex Mex restaurants that was completed last October. Darden’s same-store sales rose 4.7% in the quarter. The metric, which tracks results for stores open at least a year, does not include Chuy’s restaurants yet. It also does not include its Bahama Breeze locations, because the company expects to divest the chain before the end of the fiscal year. Olive Garden, the gem of Darden’s portfolio, reported same-store sales growth of 5.9%. The Italian-inspired chain accounts for more than 40% of the company’s overall revenue. LongHorn Steakhouse saw its same-store sales increase 5.5% in the quarter. The company’s other business segment, which includes Cheddar’s Scratch Kitchen and Yard House, reported same-store sales growth of 3.3%. Even Darden’s fine-dining business, which has struggled in recent quarters, reported same-store sales declines of just 0.2%. Wall Street was projecting… The post Darden Restaurants (DRI) Q1 2026 earnings appeared on BitcoinEthereumNews.com. The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty Images Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.97 adjusted vs. $2 expected Revenue: $3.04 billion, in line with expectations Darden reported fiscal first-quarter net income of $257.8 million, or $2.19 per share, up from $207.2 million, or $1.74 per share, a year earlier. Excluding gains related to the sale of its Canadian Olive Garden restaurants, costs from restaurant closures and other items, the company earned $1.97 per share. Net sales climbed 10.4% to $3.04 billion, lifted by the company’s acquisition of Chuy’s Tex Mex restaurants that was completed last October. Darden’s same-store sales rose 4.7% in the quarter. The metric, which tracks results for stores open at least a year, does not include Chuy’s restaurants yet. It also does not include its Bahama Breeze locations, because the company expects to divest the chain before the end of the fiscal year. Olive Garden, the gem of Darden’s portfolio, reported same-store sales growth of 5.9%. The Italian-inspired chain accounts for more than 40% of the company’s overall revenue. LongHorn Steakhouse saw its same-store sales increase 5.5% in the quarter. The company’s other business segment, which includes Cheddar’s Scratch Kitchen and Yard House, reported same-store sales growth of 3.3%. Even Darden’s fine-dining business, which has struggled in recent quarters, reported same-store sales declines of just 0.2%. Wall Street was projecting…

Darden Restaurants (DRI) Q1 2026 earnings

2025/09/18 22:02

The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas.

Brandon Bell | Getty Images

Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business.

The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $1.97 adjusted vs. $2 expected
  • Revenue: $3.04 billion, in line with expectations

Darden reported fiscal first-quarter net income of $257.8 million, or $2.19 per share, up from $207.2 million, or $1.74 per share, a year earlier.

Excluding gains related to the sale of its Canadian Olive Garden restaurants, costs from restaurant closures and other items, the company earned $1.97 per share.

Net sales climbed 10.4% to $3.04 billion, lifted by the company’s acquisition of Chuy’s Tex Mex restaurants that was completed last October.

Darden’s same-store sales rose 4.7% in the quarter. The metric, which tracks results for stores open at least a year, does not include Chuy’s restaurants yet. It also does not include its Bahama Breeze locations, because the company expects to divest the chain before the end of the fiscal year.

Olive Garden, the gem of Darden’s portfolio, reported same-store sales growth of 5.9%. The Italian-inspired chain accounts for more than 40% of the company’s overall revenue.

LongHorn Steakhouse saw its same-store sales increase 5.5% in the quarter.

The company’s other business segment, which includes Cheddar’s Scratch Kitchen and Yard House, reported same-store sales growth of 3.3%.

Even Darden’s fine-dining business, which has struggled in recent quarters, reported same-store sales declines of just 0.2%. Wall Street was projecting a steeper same-store sales decrease of 0.9%.

For fiscal 2026, Darden is projecting revenue growth of 7.5% to 8.5%, up from its prior forecast of 7% to 8% growth. The company reiterated its forecast for adjusted earnings in a range of $10.50 to $10.70 per share.

Source: https://www.cnbc.com/2025/09/18/darden-restaurants-dri-q1-2026-earnings.html

Market Opportunity
1 Logo
1 Price(1)
$0.004942
$0.004942$0.004942
-6.50%
USD
1 (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
XRP ETF’s bereiken belangrijke mijlpaal: $1 miljard aan netto instroom

XRP ETF’s bereiken belangrijke mijlpaal: $1 miljard aan netto instroom

De markt voor crypto-exchange-traded funds (ETF’s) heeft opnieuw een belangrijke mijlpaal bereikt. XRP ETF’s hebben gezamenlijk meer dan 1 miljard dollar aan netto
Share
Coinstats2025/12/16 21:01
XSGD And XUSD Launch On Solana’s Blazing Network In 2025

XSGD And XUSD Launch On Solana’s Blazing Network In 2025

The post XSGD And XUSD Launch On Solana’s Blazing Network In 2025 appeared on BitcoinEthereumNews.com. StraitsX Stablecoins Unleash Power: XSGD And XUSD Launch
Share
BitcoinEthereumNews2025/12/16 20:59