<p>达登餐饮公司（Darden Restaurants, Inc.，纽约证券交易所代码：DRI）是一家全方位服务的餐厅运营商，今年面临着由于关键商品关税导致的更高输入成本带来的利润压力。尽管如此，管理层仍然保持乐观，指出了一些增长举措，如自营配送和扩展餐厅布局。然而，消费者的可支配支出减弱和用餐偏好的变化对持续增长构成了风险。</p>
<p><img src="https://imageproxy.pbkrs.com/https://cdn.news.alphastreet.com/wp-content/uploads/2025/09/Darden-Restaurants-Q1-2026.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1024" height="768" original-src="https://imageproxy.pbkrs.com/https://cdn.news.alphastreet.com/wp-content/uploads/2025/09/Darden-Restaurants-Q1-2026.png"/></p>
<h2>估计</h2>
<p>达登的 2026 财年第二季度财报定于 12 月 18 日东部时间上午 7 点发布。<strong>华尔街分析师预计 11 月季度调整后每股收益为 2.1 美元，销售额为 30.8 亿美元。</strong> 一年前，该公司每股净收入为 2.03 美元，销售额为 28.9 亿美元。公司的热门品牌_橄榄园_和_长角牛排屋_继续受益于消费者对休闲餐饮的强劲需求。</p>
<p>总部位于佛罗里达州奥兰多的达登股票自年中创下历史新高以来已下跌超过 18%，过去三个月的下跌加速。DRI 在过去一个月恢复了势头，并在财报发布前继续上升。管理层定期增加季度股息，最新一次是在 2025 年 9 月增加了 7%，代表着 2.8% 的高于平均水平的收益率。</p>
<h2>关键指标</h2>
<p>在 2026 财年的前三个月，达登的总销售额同比增长 10.4%，达到 30 亿美元，综合同店销售增长 4.7%。第一季度净收入为 2.578 亿美元，或每股 2.19 美元，而去年同期为 2.072 亿美元，或每股 1.74 美元。<strong>调整后，每股收益增长 12.6%，达到 1.97 美元。</strong> 然而，这些数字未能达到预期。管理层表示，预计 2026 财年的销售增长为 7.5%-8.5%，同店销售增长为 2.5%-3.5%，较之前发布的预期有所上调。全年调整后每股收益的预测在 10.50 美元至 10.70 美元之间。</p>
<p><strong><em>另请阅读：达登餐饮 2026 财年第一季度报告要点</em></strong></p>
<p><strong>来自达登餐饮 2026 财年第一季度财报电话会议：</strong></p>
<p><em>“虽然我们重申了全年每股收益的指导，但我们预计第二季度的同比每股收益增长将是最低的，主要是由于牛肉成本的显著上升以及我们对这些成本的定价采取的谨慎态度。我们预计第二季度的定价将比总体通胀低约 100 个基点。我们在应对更高成本方面有着成功的记录，我们将继续采取有纪律的方法，以确保我们业务的长期健康。我们相信我们的战略仍然是适合我们公司的正确选择。”</em></p>
<h2>前景展望</h2>
<p>达登领导层寄希望于_买一送一_促销活动，主要在橄榄园进行，以及_自营配送_来应对宏观挑战并推动客流量。<strong>全年销售预测的上调突显了管理层对其增长战略的信心。</strong> 与此同时，输入成本的增加，特别是牛肉价格的上涨，正在侵蚀公司的利润。</p>
<p>周一，达登的股票开盘价为 183.28 美元，比其 12 个月的平均价格低 7%。过去 12 个月，股价增长约 10%。</p>
<p>这篇文章首次出现在 AlphaStreet 上，标题为《财报前瞻：成本压力会影响达登餐饮的第二季度业绩吗？》。</p>

达登饭店

<p>达登饭店（NYSE: DRI）由于关税导致的更高输入成本面临利润压力，但仍对首批交付等增长举措保持乐观。分析师预计第二季度每股收益为 2.1 美元，销售额为 30.8 亿美元，而去年同期为每股 2.03 美元和 28.9 亿美元。尽管最近股价下跌，达登的品牌如橄榄园仍受益于强劲的需求。公司预测 2026 财年的销售增长为 7.5%-8.5%，但面临牛肉成本上升的挑战。达登的股票开盘价为 183.28 美元，低于其 12 个月平均水平的 7%</p>

<p>Darden Restaurants, Inc. (NYSE: DRI), a full-service restaurant operator, has faced margin pressure this year from higher input costs tied to tariffs on key commodities. Despite that, management remains optimistic, pointing to growth initiatives such as first-party delivery and an expanding restaurant footprint. Still, softer discretionary spending and evolving consumer dining preferences pose risks to sustaining momentum.</p>
<div class="lb-trans"><p>达登餐饮公司（Darden Restaurants, Inc.，纽约证券交易所代码：DRI）是一家全方位服务的餐厅运营商，今年面临着由于关键商品关税导致的更高输入成本带来的利润压力。尽管如此，管理层仍然保持乐观，指出了一些增长举措，如自营配送和扩展餐厅布局。然而，消费者的可支配支出减弱和用餐偏好的变化对持续增长构成了风险。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cdn.news.alphastreet.com/wp-content/uploads/2025/09/Darden-Restaurants-Q1-2026.png" alt="" original-src="https://cdn.news.alphastreet.com/wp-content/uploads/2025/09/Darden-Restaurants-Q1-2026.png"/></p>
<h2>Estimates</h2>
<div class="lb-trans"><h2>估计</h2>
</div><p>Darden’s second-quarter 2026 earnings report is scheduled for release on December 18 at 7 am ET. <strong>Wall Street analysts project adjusted earnings of $2.1 per share for the November quarter, on sales of $3.08 billion.</strong> A year earlier, the company had posted net income of $2.03 per share and sales of $2.89 billion. The company’s popular brands, <em>Olive Garden</em> and <em>LongHorn Steakhouse</em>, continue to benefit from strong consumer demand for casual dining.</p>
<div class="lb-trans"><p>达登的 2026 财年第二季度财报定于 12 月 18 日东部时间上午 7 点发布。<strong>华尔街分析师预计 11 月季度调整后每股收益为 2.1 美元，销售额为 30.8 亿美元。</strong> 一年前，该公司每股净收入为 2.03 美元，销售额为 28.9 亿美元。公司的热门品牌_橄榄园_和_长角牛排屋_继续受益于消费者对休闲餐饮的强劲需求。</p>
</div><p>Orlando, Florida-based Darden’s stock has declined more than 18% since hitting an all-time high mid-year, with the downturn accelerating in the past three months. DRI regained momentum over the past month, and the uptrend continues ahead of earnings. The management has regularly increased quarterly dividends, with the latest, a 7% increase in September 2025, representing an above-average yield of 2.8%.</p>
<div class="lb-trans"><p>总部位于佛罗里达州奥兰多的达登股票自年中创下历史新高以来已下跌超过 18%，过去三个月的下跌加速。DRI 在过去一个月恢复了势头，并在财报发布前继续上升。管理层定期增加季度股息，最新一次是在 2025 年 9 月增加了 7%，代表着 2.8% 的高于平均水平的收益率。</p>
</div><h2>Key Metrics</h2>
<div class="lb-trans"><h2>关键指标</h2>
</div><p>In the first three months of FY26, Darden’s total sales increased 10.4% year-over-year to $3 billion, with blended same-restaurant sales growing 4.7%. Net income was $257.8 million or $2.19 per share in Q1, compared to $207.2 million or $1.74 per share in the year-ago quarter. <strong>On an adjusted basis, earnings rose 12.6% to $1.97 per share.</strong> However, the numbers fell short of expectations. The management said it expects sales growth of 7.5-8.5% and same-restaurant sales growth of 2.5-3.5% for fiscal 2026, revised up from the previously issued outlook. The forecast for full-year adjusted earnings is between $10.50 per share and 10.70 per share.</p>
<div class="lb-trans"><p>在 2026 财年的前三个月，达登的总销售额同比增长 10.4%，达到 30 亿美元，综合同店销售增长 4.7%。第一季度净收入为 2.578 亿美元，或每股 2.19 美元，而去年同期为 2.072 亿美元，或每股 1.74 美元。<strong>调整后，每股收益增长 12.6%，达到 1.97 美元。</strong> 然而，这些数字未能达到预期。管理层表示，预计 2026 财年的销售增长为 7.5%-8.5%，同店销售增长为 2.5%-3.5%，较之前发布的预期有所上调。全年调整后每股收益的预测在 10.50 美元至 10.70 美元之间。</p>
</div><p><strong><em>Also Read:</em> Highlights of Darden Restaurants’ Q1 2026 Report</strong></p>
<div class="lb-trans"><p><strong><em>另请阅读：达登餐饮 2026 财年第一季度报告要点</em></strong></p>
</div><p><strong>From Darden Restaurant’s Q1 2026 Earnings Call:</strong></p>
<div class="lb-trans"><p><strong>来自达登餐饮 2026 财年第一季度财报电话会议：</strong></p>
</div><p><em>“While we are reiterating our full-year earnings per share guidance, we expect the lowest year-over-year EPS growth to be in the second quarter, driven by the significant step-up in beef costs and our measured approach to pricing for these costs. We expect our pricing for the second quarter to be approximately 100 basis points below total inflation. We have a proven track record of successfully navigating through higher costs, and we’ll continue to take a disciplined approach to ensure the long-term health of our business. We believe our strategy remains the right one for our company.”</em></p>
<div class="lb-trans"><p><em>“虽然我们重申了全年每股收益的指导，但我们预计第二季度的同比每股收益增长将是最低的，主要是由于牛肉成本的显著上升以及我们对这些成本的定价采取的谨慎态度。我们预计第二季度的定价将比总体通胀低约 100 个基点。我们在应对更高成本方面有着成功的记录，我们将继续采取有纪律的方法，以确保我们业务的长期健康。我们相信我们的战略仍然是适合我们公司的正确选择。”</em></p>
</div><h2>Road Ahead</h2>
<div class="lb-trans"><h2>前景展望</h2>
</div><p>The Darden leadership is betting on initiatives like the <em>Buy One, Take One</em> promotion, primarily at Olive Garden, and <em>first-party delivery</em> to deal with macro challenges and drive traffic. <strong>Upward revision of the full-year sales forecast underscores the management’s confidence in its growth strategy.</strong> Meanwhile, increasing input costs, particularly higher beef prices, are eating into the company’s margins.</p>
<div class="lb-trans"><p>达登领导层寄希望于_买一送一_促销活动，主要在橄榄园进行，以及_自营配送_来应对宏观挑战并推动客流量。<strong>全年销售预测的上调突显了管理层对其增长战略的信心。</strong> 与此同时，输入成本的增加，特别是牛肉价格的上涨，正在侵蚀公司的利润。</p>
</div><p>On Monday, Darden’s stock opened at $183.28, which is 7% lower than its 12-month average price. The shares have grown about10% in the past twelve months.</p>
<div class="lb-trans"><p>周一，达登的股票开盘价为 183.28 美元，比其 12 个月的平均价格低 7%。过去 12 个月，股价增长约 10%。</p>
</div><p>The post Earnings Preview: Will cost pressures impact Darden Restaurants’ Q2 results? first appeared on AlphaStreet.</p>
<div class="lb-trans"><p>这篇文章首次出现在 AlphaStreet 上，标题为《财报前瞻：成本压力会影响达登餐饮的第二季度业绩吗？》。</p>
</div>

业绩预览：成本压力是否会影响达登饭店的第二季度业绩？