Revenue: As of FY2026 Q2, the actual value is USD 3.102 B, beating the estimate of USD 3.075 B.EPS: As of FY2026 Q2, the actual value is USD 2.03, missing the estimate of USD 2.084.EBIT: As of FY2026 Q2, the actual value is USD 320.4 M.<h4>Consolidated Financial Performance</h4><ul><li>Sales: Total sales for 达登饭店 (Darden Restaurants, Inc.) increased by 7.3% to $3,102.1 million for the three months ended November 23, 2025, compared to $2,890.0 million in the prior year. For the six months ended November 23, 2025, total sales rose by 8.9% to $6,146.8 million, up from $5,647.0 million in the previous year.</li><li>Operating Income: Operating income increased by 9.7% to $320.4 million for the three months ended November 23, 2025, from $292.1 million. For the six months, it grew by 17.5% to $659.6 million, compared to $561.3 million.</li><li>Net Earnings: Net earnings for the three months ended November 23, 2025, were $237.2 million, an increase of 10.3% from $215.1 million. For the six months, net earnings reached $495.0 million, a 17.2% increase from $422.3 million.</li><li>Losses from Discontinued Operations: Losses from discontinued operations were -$0.2 million for the three months ended November 23, 2025, and -$0.3 million for the six months ended November 23, 2025.</li></ul><h4>Segment Revenue and Operational Metrics (Three Months Ended November 23, 2025)</h4><ul><li>Olive Garden:<ul><li>Sales: $1,362.7 million, up 5.4% YoY.</li><li>Food and beverage costs: $328.7 million.</li><li>Restaurant labor: $476.4 million.</li><li>Restaurant expenses: $224.1 million.</li><li>Marketing: $36.2 million.</li><li>Segment profit: $297.3 million (21.8% margin), up 30 basis points YoY.</li><li>Depreciation and amortization: $49.4 million.</li><li>Pre-opening costs: $1.9 million.</li></ul></li><li>LongHorn Steakhouse:<ul><li>Sales: $775.9 million, up 9.3% YoY.</li><li>Food and beverage costs: $337.6 million.</li><li>Restaurant labor: $203.7 million.</li><li>Restaurant expenses: $105.3 million.</li><li>Marketing: $3.3 million.</li><li>Segment profit: $126.0 million (16.2% margin), down -280 basis points YoY.</li><li>Depreciation and amortization: $23.4 million.</li><li>Pre-opening costs: $2.0 million.</li></ul></li><li>Fine Dining:<ul><li>Sales: $316.2 million, up 3.3% YoY.</li><li>Food and beverage costs: $104.9 million.</li><li>Restaurant labor: $93.5 million.</li><li>Restaurant expenses: $68.8 million.</li><li>Marketing: $2.1 million.</li><li>Segment profit: $46.9 million (14.8% margin), down -280 basis points YoY.</li><li>Depreciation and amortization: $17.7 million.</li><li>Pre-opening costs: $0.3 million.</li></ul></li><li>Other Business:<ul><li>Sales: $647.3 million, up 11.3% YoY.</li><li>Food and beverage costs: $192.5 million.</li><li>Restaurant labor: $226.5 million.</li><li>Restaurant expenses: $134.5 million.</li><li>Marketing: $7.1 million.</li><li>Segment profit: $86.7 million (13.4% margin), down -60 basis points YoY.</li><li>Depreciation and amortization: $31.4 million.</li><li>Impairments and (gain) loss on disposal of assets, net: -$2.9 million.</li><li>Pre-opening costs: $2.7 million.</li></ul></li></ul><h4>Segment Revenue and Operational Metrics (Six Months Ended November 23, 2025)</h4><ul><li>Olive Garden:<ul><li>Sales: $2,663.8 million, up 6.5% YoY.</li><li>Segment profit: $564.9 million (21.2% margin), up 10 basis points YoY.</li><li>Depreciation and amortization: $97.7 million.</li><li>Impairments and (gain) loss on disposal of assets, net: -$42.0 million.</li><li>Pre-opening costs: $3.4 million.</li></ul></li><li>LongHorn Steakhouse:<ul><li>Sales: $1,552.3 million, up 9.0% YoY.</li><li>Segment profit: $260.9 million (16.8% margin), down -170 basis points YoY.</li><li>Depreciation and amortization: $46.1 million.</li><li>Pre-opening costs: $3.1 million.</li></ul></li><li>Fine Dining:<ul><li>Sales: $602.7 million, up 3.0% YoY.</li><li>Segment profit: $85.6 million (14.2% margin), down -170 basis points YoY.</li><li>Depreciation and amortization: $35.0 million.</li><li>Pre-opening costs: $1.6 million.</li></ul></li><li>Other Business:<ul><li>Sales: $1,328.0 million, up 16.8% YoY.</li><li>Segment profit: $196.0 million (14.8% margin), up 30 basis points YoY.</li><li>Depreciation and amortization: $62.7 million.</li><li>Impairments and (gain) loss on disposal of assets, net: -$2.9 million.</li><li>Pre-opening costs: $3.7 million.</li></ul></li></ul><h4>Operational Metrics</h4><ul><li>Same-Restaurant Sales (SRS) Growth: Blended SRS growth was 4.3% for the second quarter of fiscal 2026 and 4.5% for the first six months.<ul><li>Olive Garden: SRS increased by 4.7% in Q2 FY26 and 5.3% for the six months FY26, driven by a 1.7% (Q2 FY26) / 2.2% (six months FY26) increase in guest counts and a 3.0% increase in average check for both periods.</li><li>LongHorn Steakhouse: SRS increased by 5.9% in Q2 FY26 and 5.7% for the six months FY26, with average check up 2.1% for both periods and guest counts up 3.8% (Q2 FY26) / 3.5% (six months FY26).</li><li>Fine Dining: SRS increased by 0.8% in Q2 FY26 and 0.3% for the six months FY26.</li><li>Other Business: SRS increased by 3.1% in Q2 FY26 and 3.2% for the six months FY26.</li></ul></li><li>New Restaurant Openings: 30 net new restaurants were opened.</li><li>Number of Company-Owned Restaurants: 2,182 as of November 23, 2025, compared to 2,159 as of May 25, 2025.</li><li>Acquisitions/Dispositions: 达登饭店 (Darden Restaurants, Inc.) acquired 103 Chuy’s locations during Q2 FY25 and sold eight Olive Garden Canada locations on July 14, 2025.</li></ul><h4>Cash Flow (in millions)</h4><ul><li>Net Cash Provided by Operating Activities from Continuing Operations: $663.2 million for the six months ended November 23, 2025, up from $661.8 million in the prior year period.</li><li>Net Cash Used in Investing Activities from Continuing Operations: -$363.9 million for the six months ended November 23, 2025, compared to -$939.3 million in the prior year, with capital expenditures of $375.0 million (up from $314.5 million).</li><li>Net Cash Used in Financing Activities from Continuing Operations: -$314.9 million for the six months ended November 23, 2025, compared to $298.9 million provided in the prior year.</li></ul><h4>Future Outlook and Strategy</h4>达登饭店 (Darden Restaurants, Inc.) projects fiscal year 2026 sales growth to be between 8.5% and 9.3%, including a 2.0% growth from the fifty-third week. Same-restaurant sales growth is anticipated to be between 3.5% and 4.3%, with new restaurant openings expected to range from 65 to 70. Capital expenditures are estimated to be between $750 million and $775 million for fiscal year 2026.

Darden Restaurants | 10-Q: FY2026 Q2 Revenue Beats Estimate at USD 3.102 B