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Darden Restaurants DRI Olive Garden — Pre-opening costs

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$2.4M+300%
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$2.2M+83.3%

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Other financials

Income statement

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Revenue$3.7B+13.7%
Operating income$516.8M+35.0%
Net income$404.9M+33.3%
EPS (diluted)$3.51+36.6%

Balance sheet

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Cash & equivalents$219.5M-8.5%
Total debt$8.0B+3.0%
Total equity$2.2B-4.5%
Total assets$12.9B+2.2%

Cash flow

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Operating cash flow$572.1M+25.2%
CapEx$193.1M+12.3%
Free cash flow$379.0M+33.0%

Valuation

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Market cap$22.48B-5.4%
Enterprise value$30.28B-3.3%
P/E18.6×-4.0×
P/S1.7×-0.3×

Profitability

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Operating margin12%+0.7pp
Net margin9.1%+0.4pp
FCF margin8.5%-0.3pp

Returns & leverage

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Return on equity53.4%+7.3pp
Debt / equity3.6×+0.3×
Current ratio0.3×-0.1×

Where this comes from

Reported directly by Darden Restaurants in its filing.

Tagged under the XBRL concept us-gaap:PreOpeningCosts.

The official record: Darden Restaurants’s 10-K, filed July 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Darden Restaurants's olive garden — pre-opening costs?
Darden Restaurants (DRI) reported olive garden — pre-opening costs of $2.7M in Q1 2026.
How has Darden Restaurants's olive garden — pre-opening costs changed year-over-year?
Darden Restaurants's olive garden — pre-opening costs decreased by 28.9% year-over-year, from $3.8M to $2.7M.
What is the long-term trend for Darden Restaurants's olive garden — pre-opening costs?
Over 3 years (2023 to 2026), Darden Restaurants's olive garden — pre-opening costs has grown at a 3.7% compound annual growth rate (CAGR), from $7.9M to $8.8M.
What does olive garden — pre-opening costs mean?
Expenses incurred prior to the opening of a new restaurant location, including rent, training, and marketing costs. These are essential investments for expanding the brand's physical footprint.