Darden Restaurants Inc

Company facts

Industry

Retail-Eating Places

Headquarters

Orlando, Florida

Most recent report

8-K, filed Oct 23, 2026

Incorporated

Florida

Filings on record

1,005+ filings

On EDGAR

CIK 940944

Fiscal year ends

May

Filer status

Large accelerated filer

What to read: Aug 2026 10-Q

SECSift found 3 of 11 sections worth reading, with 1 positive, 5 notable, and 1 negative flags.

• Financial Statements (Item 1)

  Balance sheet shows debt jump and equity drop; notes have lease and guarantee details.
  Notable

  • Guarantees on assigned leases total $80.4M, with $10.4M liability recorded for expected credit losses.

• Management's Discussion (Item 2)

  MD&A with segment results, margin shifts, liquidity details, and a new buyback authorization.
  Notable

  • FY2027 outlook: sales $13.60B-$13.75B, same-restaurant sales growth 2.5%-3.5%, capex ~$875M.
  • $480M commercial paper outstanding as of Aug 30, 2026, supported by $1.25B revolver; $770M credit available.
  • $500M senior notes due May 2027 classified as current; expects to satisfy via liquidity or refinancing.
  • New $1.5B share repurchase authorization on June 24, 2026; repurchased 1.1M shares in Q1 FY2027 vs 0.9M a year ago.
  Negative

  • Olive Garden guest counts fell 2.2% despite 3.4% average check increase; segment profit margin down 20 bps in Q1 FY2027.

• Unregistered Sales and Repurchases (Item 2)

  New $1.5B buyback authorization in Q1 2026, with $1.34B remaining after active repurchases.
  Positive

  • New $1.5B buyback authorized June 24, 2026, replacing prior plan; $1.34B remains after Q1 2026 repurchases.

What changed: Aug 2026 vs. Feb 2026

About 12% of DRI's Aug 2026 10-Q is new information. 28 paragraphs were added, 101 changed, and 86 removed. Below are the most important lines SECSift identified.

• Item 2 52
• Item 1 44
• Item 4 2
• Item 3 1
• Item 1A 1
• Item 5 1
• Item 6 1