达登饭店 2025年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedAugust 24, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ For the transition period fromto 1-13666Commission File Number DARDEN RESTAURANTS, INC. (Exact name of registrant as specified in its charter) 59-3305930(I.R.S. EmployerIdentification No.) Florida(State or other jurisdiction ofincorporation or organization)1000 Darden Center DriveOrlando,Florida(Address of principal executive offices) 32837(Zip Code) 407-245-4000(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b) of the Act: Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has beensubject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every InteractiveData File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorterperiod that the registrant was required to submit and post such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reportingcompany. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the ExchangeAct. Large accelerated filer☒Acceleratedfiler☐Non-accelerated filer☐Smallerreportingcompany☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No Number of shares of common stock outstanding as of September15, 2025:116,313,762. TABLE OF CONTENTS PartI-Financial InformationItem1.Financial Statements (Unaudited)Consolidated Statements of EarningsConsolidated Statements of Comprehensive IncomeConsolidated Balance SheetsConsolidated Statements of Changes in Stockholders’ EquityConsolidated Statements of Cash FlowsNotes to Consolidated Financial StatementsItem2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem3.Quantitative and Qualitative Disclosures About Market RiskItem4.Controls and Procedures PartII-Other InformationItem1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem 5.Other InformationItem6.Exhibits Signature35 Table of Contents Cautionary Statement Regarding Forward-Looking Statements Statements set forth in or incorporated into this report that are not historical facts, including without limitation statements with respectto the financial condition, results of operations, plans, objectives, future performance and business of Darden Restaurants, Inc. and itssubsidiaries that are preceded by, followed by or that include words such as “may,” “will,” “expect,” “intend,” “anticipate,” “continue,”“estimate,” “project,” “believe,” “plan”, “outlook” or similar expressions, are forward-looking statements within the meaning of the PrivateSecurities Litigation Reform Act of 1995. This statement is included for purposes of complying with the safe harbor provisions of that Act.Any forward-looking statements speak only as of the date on which such statements are made, and we undertake no obligation to updatesuch statements for any reason to reflect events or circumstances arising after such date. By their nature, forward-looking statements involverisks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward-lookingstatements. The most significant of these uncertainties are described in Darden’s Form 10-K, Form 10-Q (including this report) and Form 8-K reports. PART IFINANCIAL INFORMATION Item 1. Financial Statements (Unaudited) DARDEN RESTAURANTS, INC.CONSOLIDATED STATEMENTS OF EARNINGS(In millions, except per share data)(Unaudited) DARDEN RESTAURANTS, INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME(In millions)(Unaudited) Three Months Ended DARDEN RESTAURANTS, INC.CONSOLIDATED BALANCE SHEETS(In millions) DARDEN RESTAURANTS, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued)(In millions)(Unaudited) DARDEN RESTAURANTS, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) Note 1.Basis of Presentation Darden Restaurants, Inc. (we, our, Darden or the Company) owns and operates full-service dining restaurants in the Unit