DRI · Darden Restaurants Inc · Documents

Darden Restaurants, Inc. entered a $1,500,000,000 senior unsecured revolving credit agreement with Bank of America, N.A. as administrative agent, maturing October 22, 2031, and terminated its prior $1,250,000,000 agreement with no amounts outstanding on October 22, 2026.

Darden Restaurants Inc reported first-quarter fiscal 2027 sales increased 5.1 percent to $3.20 billion, while continuing-operations earnings fell to $234.3 million from $257.9 million. Fiscal 2027 sales are expected at $13.60 billion to $13.75 billion.

At its September 23, 2026 annual meeting, Darden Restaurants, Inc. elected 9 directors, approved advisory executive compensation, ratified KPMG LLP for the fiscal year ending May 30, 2027, and rejected a shareholder proposal on reviewing low director support.

Darden reported first-quarter total sales of 3.2 billion dollars, up 5.1 percent, same-restaurant sales growth of 3.2 percent, and earnings per share of $2.05, up 4.1 percent. It reaffirmed fiscal 2027 diluted EPS guidance of $11.10 to $11.35.

Darden Restaurants reported first-quarter sales of $3.2 billion, up 5.1%, and diluted EPS from continuing operations of $2.05, up 4.1%. It declared a $1.62-per-share dividend and reaffirmed fiscal 2027 diluted EPS guidance of $11.10 to $11.35.