The post Darden Restaurants (DRI) Q1 2026 earnings appeared on BitcoinEthereumNews.com. The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty Images Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.97 adjusted vs. $2 expected Revenue: $3.04 billion, in line with expectations Darden reported fiscal first-quarter net income of $257.8 million, or $2.19 per share, up from $207.2 million, or $1.74 per share, a year earlier. Excluding gains related to the sale of its Canadian Olive Garden restaurants, costs from restaurant closures and other items, the company earned $1.97 per share. Net sales climbed 10.4% to $3.04 billion, lifted by the company’s acquisition of Chuy’s Tex Mex restaurants that was completed last October. Darden’s same-store sales rose 4.7% in the quarter. The metric, which tracks results for stores open at least a year, does not include Chuy’s restaurants yet. It also does not include its Bahama Breeze locations, because the company expects to divest the chain before the end of the fiscal year. Olive Garden, the gem of Darden’s portfolio, reported same-store sales growth of 5.9%. The Italian-inspired chain accounts for more than 40% of the company’s overall revenue. LongHorn Steakhouse saw its same-store sales increase 5.5% in the quarter. The company’s other business segment, which includes Cheddar’s Scratch Kitchen and Yard House, reported same-store sales growth of 3.3%. Even Darden’s fine-dining business, which has struggled in recent quarters, reported same-store sales declines of just 0.2%. Wall Street was projecting… The post Darden Restaurants (DRI) Q1 2026 earnings appeared on BitcoinEthereumNews.com. The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas. Brandon Bell | Getty Images Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business. The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.97 adjusted vs. $2 expected Revenue: $3.04 billion, in line with expectations Darden reported fiscal first-quarter net income of $257.8 million, or $2.19 per share, up from $207.2 million, or $1.74 per share, a year earlier. Excluding gains related to the sale of its Canadian Olive Garden restaurants, costs from restaurant closures and other items, the company earned $1.97 per share. Net sales climbed 10.4% to $3.04 billion, lifted by the company’s acquisition of Chuy’s Tex Mex restaurants that was completed last October. Darden’s same-store sales rose 4.7% in the quarter. The metric, which tracks results for stores open at least a year, does not include Chuy’s restaurants yet. It also does not include its Bahama Breeze locations, because the company expects to divest the chain before the end of the fiscal year. Olive Garden, the gem of Darden’s portfolio, reported same-store sales growth of 5.9%. The Italian-inspired chain accounts for more than 40% of the company’s overall revenue. LongHorn Steakhouse saw its same-store sales increase 5.5% in the quarter. The company’s other business segment, which includes Cheddar’s Scratch Kitchen and Yard House, reported same-store sales growth of 3.3%. Even Darden’s fine-dining business, which has struggled in recent quarters, reported same-store sales declines of just 0.2%. Wall Street was projecting…

Darden Restaurants (DRI) Q1 2026 earnings

The exterior of an Olive Garden is seen on June 20, 2025 in Austin, Texas.

Brandon Bell | Getty Images

Darden Restaurants on Thursday reported mixed quarterly results, as Olive Garden and LongHorn Steakhouse helped offset weakness in its fine-dining business.

The company also raised its full-year forecast for revenue growth, although it only reiterated its projections for its earnings. Shares of the company fell 6% in premarket trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $1.97 adjusted vs. $2 expected
  • Revenue: $3.04 billion, in line with expectations

Darden reported fiscal first-quarter net income of $257.8 million, or $2.19 per share, up from $207.2 million, or $1.74 per share, a year earlier.

Excluding gains related to the sale of its Canadian Olive Garden restaurants, costs from restaurant closures and other items, the company earned $1.97 per share.

Net sales climbed 10.4% to $3.04 billion, lifted by the company’s acquisition of Chuy’s Tex Mex restaurants that was completed last October.

Darden’s same-store sales rose 4.7% in the quarter. The metric, which tracks results for stores open at least a year, does not include Chuy’s restaurants yet. It also does not include its Bahama Breeze locations, because the company expects to divest the chain before the end of the fiscal year.

Olive Garden, the gem of Darden’s portfolio, reported same-store sales growth of 5.9%. The Italian-inspired chain accounts for more than 40% of the company’s overall revenue.

LongHorn Steakhouse saw its same-store sales increase 5.5% in the quarter.

The company’s other business segment, which includes Cheddar’s Scratch Kitchen and Yard House, reported same-store sales growth of 3.3%.

Even Darden’s fine-dining business, which has struggled in recent quarters, reported same-store sales declines of just 0.2%. Wall Street was projecting a steeper same-store sales decrease of 0.9%.

For fiscal 2026, Darden is projecting revenue growth of 7.5% to 8.5%, up from its prior forecast of 7% to 8% growth. The company reiterated its forecast for adjusted earnings in a range of $10.50 to $10.70 per share.

Source: https://www.cnbc.com/2025/09/18/darden-restaurants-dri-q1-2026-earnings.html

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002541
$0.002541$0.002541
+2.29%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Zero Knowledge Proof Becomes the Go-To 1000x Crypto Play for Investors While SUI & Dogecoin Struggle to Break Out

Zero Knowledge Proof Becomes the Go-To 1000x Crypto Play for Investors While SUI & Dogecoin Struggle to Break Out

Discover how analysts point to 1000x upside for Zero Knowledge Proof’s live daily presale auctions, while the Dogecoin price today and the SUI price struggle near
Share
CoinLive2026/01/13 13:00
DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

DOGE ETF Hype Fades as Whales Sell and Traders Await Decline

The post DOGE ETF Hype Fades as Whales Sell and Traders Await Decline appeared on BitcoinEthereumNews.com. Leading meme coin Dogecoin (DOGE) has struggled to gain momentum despite excitement surrounding the anticipated launch of a US-listed Dogecoin ETF this week. On-chain data reveals a decline in whale participation and a general uptick in coin selloffs across exchanges, hinting at the possibility of a deeper price pullback in the coming days. Sponsored Sponsored DOGE Faces Decline as Whales Hold Back, Traders Sell The market is anticipating the launch of Rex-Osprey’s Dogecoin ETF (DOJE) tomorrow, which is expected to give traditional investors direct exposure to Dogecoin’s price movements.  However, DOGE’s price performance has remained muted ahead of the milestone, signaling a lack of enthusiasm from traders. According to on-chain analytics platform Nansen, whale accumulation has slowed notably over the past week. Large investors, with wallets containing DOGE coins worth more than $1 million, appear unconvinced by the ETF narrative and have reduced their holdings by over 4% in the past week.  For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Dogecoin Whale Activity. Source: Nansen When large holders reduce their accumulation, it signals a bearish shift in market sentiment. This reduced DOGE demand from significant players can lead to decreased buying pressure, potentially resulting in price stagnation or declines in the near term. Sponsored Sponsored Furthermore, DOGE’s exchange reserve has risen steadily in the past week, suggesting that more traders are transferring DOGE to exchanges with the intent to sell. As of this writing, the altcoin’s exchange balance sits at 28 billion DOGE, climbing by 12% in the past seven days. DOGE Balance on Exchanges. Source: Glassnode A rising exchange balance indicates that holders are moving their assets to trading platforms to sell rather than to hold. This influx of coins onto exchanges increases the available supply in…
Share
BitcoinEthereumNews2025/09/18 05:07