Earnings ·
Darden Restaurants reported its fiscal 2026 fourth quarter and full year results and provided a fiscal 2027 outlook
DRIDarden Restaurants Inc
Darden Restaurants reported its fiscal 2026 fourth quarter and full year results and provided a fiscal 2027 outlook. The company authorized a new $1.5 billion share repurchase program and increased its quarterly dividend. Additionally, the Board of Directors approved immediate amendments to the company's Bylaws, which include increasing the maximum number of shareholders permitted to aggregate holdings for director nomination ownership requirements from 10 to 20 and updating procedures to align with universal proxy rules. Darden Restaurants operates in the restaurant industry and manages a portfolio of full-service dining brands.