Darden Restaurants (NYSE: DRI) reported Q2 EPS of $2.08, $0.03 worse than the analyst estimate of $2.11. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.07 billion.

The Company updated its full year financial outlook for fiscal 2026, which includes a 53rd week. This outlook includes the impact of the additional week. We will provide additional details during our investor conference call scheduled for this morning at 8:30 am ET.

Total sales growth of 8.5% to 9.3%, including approximately 2% growth related to the 53rd week
Same-restaurant sales4 growth of 3.5% to 4.3%
New restaurant openings of 65 to 70
Total capital spending of $750 to $775 million
Total inflation of approximately 3.5%
An effective tax rate of approximately 13%
Adjusted diluted net earnings per share from continuing operations of $10.50 to $10.703, including:

Approximately $0.20 related to the addition of the 53rd week

Approximately 116.5 million weighted average diluted shares outstanding

For earnings history and earnings-related data on Darden Restaurants (DRI) click here.