Operating Expenses
Pre-opening costs
Darden Restaurants Pre-opening costs increased by 8.6% to $8.80M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 44.3%, from $6.10M to $8.80M. Over 2 years (FY 2023 to FY 2025), Pre-opening costs shows relatively stable performance with a -2.1% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryCapital Allocation
SignalContext dependent
VolatilityVolatile
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher costs indicate an aggressive store expansion strategy, while lower costs suggest a focus on existing unit performance or a pause in growth.
Detailed definition
Pre-opening costs represent expenses incurred in connection with the development, construction, and staffing of new rest...
Peer comparison
Standard in the restaurant and retail sectors for companies with physical store growth.
Metric ID:
pre_opening_costsHistorical Data
15 periods
| Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.48M | $6.48M | $6.48M | $6.48M | $6.08M | $6.08M | $6.08M | $6.08M | $4.50M | $5.50M | $6.10M | $8.70M | $5.90M | $8.10M | $8.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -6.2% | +0.0% | +0.0% | +0.0% | -25.9% | +22.2% | +10.9% | +42.6% | -32.2% | +37.3% | +8.6% |
| YoY Change | — | — | — | — | -6.2% | -6.2% | -6.2% | -6.2% | -25.9% | -9.5% | +0.4% | +43.2% | +31.1% | +47.3% | +44.3% |
Range$4.50M – $8.80M
CAGR+9.2%
Avg YoY Growth+9.7%
Median YoY Growth-6.2%
Current Streak2 quarters growth
Pre-opening costs at Other Companies
Frequently Asked Questions
- What is Darden Restaurants's pre-opening costs?
- Darden Restaurants (DRI) reported pre-opening costs of $8.80M in Q4 2025.
- How has Darden Restaurants's pre-opening costs changed year-over-year?
- Darden Restaurants's pre-opening costs increased by 44.3% year-over-year, from $6.10M to $8.80M.
- What is the long-term trend for Darden Restaurants's pre-opening costs?
- Over 2 years (2023 to 2025), Darden Restaurants's pre-opening costs has grown at a -2.1% compound annual growth rate (CAGR), from $25.90M to $24.80M.
- What does pre-opening costs mean?
- Costs associated with preparing a new restaurant location for its grand opening.