# Darden Restaurants fiscal 2027 first quarter performance

> Live situation record from CLSTR: https://clstr.news/situations/darden-restaurants-fiscal-2027-first-quarter-performance
> Updated: 2026-09-26T12:20:00.000Z. Sources: 4. Developments: 2.

Ahead of its fiscal year 2027 first quarter earnings call, Darden Restaurants received varied analyst ratings. While TD Cowen maintained a “hold” rating with a $215.00 target, other institutions such as BTIG Research, Deutsche Bank, and Bank of America issued more optimistic price objectives.

Following the earnings call, the company reported $3.2 billion in sales for the first quarter, representing a 5.1% year-over-year increase. Consolidated same-restaurant sales grew by 3.1%. Performance was noted across segments, including LongHorn Steakhouse and Olive Garden, the latter being the largest business unit. Darden reaffirmed its financial outlook for fiscal 2027 and continued its focus on capital returns through dividends and share buybacks.

## Timeline

### 2026-09-26: Darden Restaurants reports $3.2 billion in Q1 sales

Darden Restaurants reported $3.2 billion in Q1 fiscal 2027 sales, a 5.1% increase, and reaffirmed its full-year earnings outlook amid growth in segments like LongHorn Steakhouse and Olive Garden.

3 sources. https://clstr.news/cluster/darden-restaurants-reports-32-billion-in-q1-sales

### 2026-09-24: Darden Restaurants receives mixed analyst ratings ahead of earnings call

Darden Restaurants (DRI) faces a mix of analyst ratings, including a “hold” from TD Cowen, ahead of its Q1 2027 earnings call scheduled for September 2026.

2 sources. https://clstr.news/cluster/darden-restaurants-receives-mixed-analyst-ratings-ahead-of-earnings-call

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Cite as: Darden Restaurants fiscal 2027 first quarter performance. CLSTR, https://clstr.news/situations/darden-restaurants-fiscal-2027-first-quarter-performance