Q1 FY27 · Ended Aug 30, 2026 · View SEC filing
The profit drop traces to last year's asset sale
Restaurants earned more than a year ago; operating income fell mainly because last year booked a gain on selling Olive Garden Canada.
For investorsWhat Darden's profit engine depends on from here
For foundersRunning many restaurant brands on one platform
Olive Garden, 41.6% of sales, grew on higher checks with fewer guests, while LongHorn added guests and gained share.
Capital spending absorbed most operating cash this quarter, leaving free cash flow of $103.7M against $168.4M a year earlier.
Many brands share purchasing, systems and corporate staff, so overhead stays small: 4.2% of sales this quarter.
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Business Lens describes Darden Restaurants from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
