DARDEN RESTAURANTS, INC. (DRI) FY2027 Q1 P&L / Income Statement

DARDEN RESTAURANTS, INC. (DRI) FY2027 Q1 P&L / Income Statement

Income statement for 2026-06-01 through 2026-08-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Sales

3,200,300,000 US dollars

Cost of revenue (calculated)

2,544,300,000 US dollars

Gross profit (calculated)

656,000,000 US dollars

Operating expenses (calculated)

336,700,000 US dollars

Operating income

319,300,000 US dollars

Other income (expense), net (calculated)

negative 50,300,000 US dollars

Earnings before income taxes

269,000,000 US dollars

Income tax expense

34,700,000 US dollars

Net earnings

233,400,000 US dollars

Olive Garden

1,329,800,000 US dollars

LongHorn Steakhouse

860,900,000 US dollars

Fine Dining

304,200,000 US dollars

Other Business

705,400,000 US dollars

Restaurant labor

1,028,900,000 US dollars

Food and beverage costs and restaurant expenses

1,515,400,000 US dollars

Impairments and (gain) loss on disposal of assets, net

negative 3,900,000 US dollars

Pre-opening costs

8,500,000 US dollars

Marketing expenses

53,100,000 US dollars

General and administrative expenses

134,800,000 US dollars

Depreciation and amortization

144,200,000 US dollars

Losses from discontinued operations, net of tax benefit of $0.3 and $0.4, respectively

negative 900,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.