Darden Restaurants

Darden Restaurants, Inc. is a full-service restaurant company, and as of May 31, 2026, we owned and operated 2,202 restaurants through subsidiaries in the United States under the Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Chuy's, Seasons 52, Eddie V's Prime Seafood, Bahama Breeze, and The Capital Burger trademarks. We also had 167 restaurants operated by independent third parties pursuant to area development and franchise agreements, four restaurants operating under contractual agreements, and one restaurant that we jointly own with a third party and operate independently. Darden manages its restaurant brands in North America as operating segments. The brands operate principally in the U.S. within full-service dining. We have four reportable segments: Olive Garden, LongHorn Steakhouse, Fine Dining (which includes Ruth's Chris, The Capital Grille, and Eddie V's) and Other Business (which includes Yard House, Cheddar's Scratch Kitchen, Chuy's, Seasons 52, Bahama Breeze, The Capital Burger, and ongoing royalties and other fees from our franchise operations and contractually managed locations). External sales are derived principally from food and beverage sales. We do not rely on any major customers as a source of sales, and customers and long-lived assets of our reportable segments are predominantly in the U.S. We believe that capable operators of strong multi-unit brands have the opportunity to increase their share of the restaurant industry's full-service segment, and our operating philosophy remains focused on strengthening the core operational fundamentals of the business by providing an outstanding guest experience rooted in culinary innovation, attentive service, and an engaging atmosphere enabled by our people.