What is Darden Restaurants' fiscal 2026 revenue growth forecast?

Darden Restaurants projects fiscal 2026 revenue growth to be between 8.5% and 9.3%.

Which Darden Restaurants brands are performing well?

Olive Garden and LongHorn Steakhouse are major drivers of Darden Restaurants' recent strong sales growth.

How did Darden Restaurants' net income perform in the second quarter?

In the second fiscal quarter, Darden Restaurants reported a net income of $237.2 million, an increase from the prior year.

Home / Business and Economy / Olive Garden Powers Darden's Sales Surge

Olive Garden Powers Darden's Sales Surge

18 Dec

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Summary

Darden Restaurants reported strong sales growth, driven by Olive Garden.
The company raised its full-year revenue outlook for fiscal 2026.
Second-quarter net income increased to $237.2 million from last year.

Olive Garden Powers Darden's Sales Surge

Darden Restaurants showcased impressive sales performance this past quarter, with significant contributions from its Olive Garden and LongHorn Steakhouse brands. This strong showing has prompted the company to elevate its full-year revenue growth projections.

For fiscal 2026, Darden now anticipates revenue growth between 8.5% and 9.3%, while maintaining its earnings per share guidance of $10.50 to $10.70. This positive financial news led to a more than 4% rise in the company's shares in premarket trading.

The company reported a net income of $237.2 million, equating to $2.03 per share, compared to $215.1 million ($1.82 per share) in the same period last year. Excluding specific costs, Darden’s earnings per share were $2.08. Net sales climbed by 7.3%, reaching a total of $3.1 billion.

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