Darden Restaurants, owner of Olive Garden and LongHorn Steakhouse, posted a 5.1% revenue increase to $3.2 billion in its fiscal 2027 first quarter, driven by a 3.1% rise in same-restaurant sales. LongHorn Steakhouse led growth with a 6.2% sales increase, while Olive Garden saw a modest 1.1% rise. Earnings from continuing operations fell 9.2% to $234.3 million, partly due to the absence of a $42 million gain from the prior year's sale of Olive Garden Canada. Adjusted earnings per share rose 4.1% to $2.05. The company repurchased $222.3 million in shares and reaffirmed its full-year earnings forecast of $11.10 to $11.35 per share, signaling confidence in its growth outlook.
Darden Restaurants' fiscal first quarter results provide context for consumer cyclical stocks. For readers following this sector, here is Pluang's market snapshot as of Sep 24, 2026 20:13 WIB: out of 112 priced US consumer cyclical stocks, 40 rose and 63 fell. FIGS gained 1.42% to USD 12.14 with 100% buy orders, contrasting with Trip.com Group Ltd (TCOM) which dropped 1.40% to USD 40.06, also with 100% buy orders. Airbnb (ABNB) rose 1.34% to USD 151.58 with a typical hold time of 137 days and 82% buy orders.
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Darden Restaurants reported Q1 2027 earnings per share of $2.05, meeting analyst expectations but down from $2.19 last year due to higher expenses. Total revenue was $3.20 billion, just below the $3.21 billion estimate. Despite this, the company saw ...
