Darden Restaurants

Q4 FY2026 EarningsFY26 Q4 results (full year FY26) were in-line with consensus on the top line but missed on bottom-line metrics: revenue of $13.21B matched expectations, while normalized EPS of $10.44 was 1.70% below the $10.62 consensus. Despite a 4.5% blended same-restaurant sales increase and contributions from a 53rd week, higher food and beverage inflation (1.2% impact) and rising tax rates (12.6% vs. 11.5% YoY) pressured earnings. FY27 revenue guidance of $13.60B - $13.75B remains conservative compared to the momentum seen in LongHorn Steakhouse (+7.2% SRS), while Fine Dining continues to lag with slightly negative guest counts.