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2d ago

Darden Set for Thursday Q1 Report With Street Targeting $2.01 EPS on $3.04 Billion Sales

Investors look to the print to test cautious guidance against brand trends and recent capital returns.

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Overview

  • Management is scheduled to release fiscal first-quarter results before the market opens on Sept. 18, with consensus at $2.01 in EPS and $3.04 billion in revenue.
  • Darden owns Olive Garden and LongHorn Steakhouse, and recent commentary highlights divergent brand performance as a key swing factor for same-store sales.
  • The stock carries a 2.83% annual dividend yield based on a $6.00 per-share payout, drawing income-focused interest ahead of the update.
  • Wall Street has recently fine-tuned views, with KeyBanc trimming its target to $240, Truist at $252, BMO at $215, JPMorgan at $240, and Raymond James at $240.
  • In June, Darden topped Q4 expectations as cost control lifted EPS to $2.65, accompanied by a dividend increase and $97 million in buybacks, while FY2025 guidance called for 1%–2% same-store growth and $9.40–$9.60 in EPS.