Darden Restaurants Reports Fiscal 2027 First Quarter Results; Declares Quarterly Dividend; and Reaffirms Fiscal 2027 Outlook

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  "signal_type": "news",
  "signal_subtype": "has_revenue",
  "detected_at": "2026-09-24T11:00:00+00:00",
  "company": {
    "name": "Olive Garden",
    "domain": "olivegarden.com"
  },
  "data": {
    "url": "https://www.prnewswire.com/news-releases/darden-restaurants-reports-fiscal-2027-first-quarter-results-declares-quarterly-dividend-and-reaffirms-fiscal-2027-outlook-302888250.html",
    "title": "Darden Restaurants Reports Fiscal 2027 First Quarter Results; Declares Quarterly Dividend; and Reaffirms Fiscal 2027 Outlook",
    "excerpt": "ORLANDO, Fla. , Sept. 24, 2026 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI ) today reported its financial results for the first quarter ended August 30, 2026. First Quarter 2027 Financial Highlights Fiscal Calendar Comparable Calendar Consolidated Darden 1 3.1 % 3.2 % Olive Garden 1.1 % 1.0 % LongHorn Steakhouse 6.2 % 6.8 % Fine Dining 1.6 % 1.0 % Other Business 1 3.8 % 4.5 % Note: Due to the transition from a 53-week to a 52-week fiscal year, year-over-year fiscal period comparisons are offset by one week. Fiscal calendar is June 1, 2026 - August 30, 2026 vs. May 26, 2025 - August 24, 2025. Using comparable calendar periods helps account for the one-week shift and is intended to provide a clearer year-over-year comparison. Comparable calendar is June 1, 2026 - August 30, 2026 vs. June 2, 2025 - August 31, 2025. \"The first quarter was a solid start to our fiscal year with each of our segments delivering positive same-restaurant sales,\" said Darden President & CEO Rick Cardenas. \"The performance across our portfolio reinforces the importance of having distinctive brands, each with a clear strategy, supported by Darden's scale and other competitive advantages. Looking ahead, our focus remains the same: operate our restaurants at a high level, strengthen guest loyalty, invest in our people and brands, and deploy capital in ways that support long-term shareholder value.\"...",
    "summary": "Olive Garden reported sales of $1.33 billion for the first quarter of fiscal year 2027, up from $1.30 billion in the prior year's quarter.",
    "planning": false,
    "confidence": 0.8,
    "published_at": "2026-09-24T11:00:00Z",
    "effective_date": "2026-08-30",
    "article_sentence": "Olive Garden $1,329.8 $1,301.1 $270.8 $267.6",
    "amount_normalized": 1329800000
  }
}

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