Total Revenue

+10.6% (from $2,957.3 million to $3,271.7 million) " "

Total revenue increased by 10.6% due to robust cross‐segment growth. This follows prior periods where new restaurant openings and acquisitions boosted sales, and in Q4 2025 the momentum built on those foundations resulted in higher overall sales figures, reflecting broad-based market strength and effective expansion strategies. " "

Olive Garden Revenue

+8.2% (from $1,277.5 million to $1,381 million) " "

Olive Garden’s revenue rose by approximately 8.2%. The growth is driven by enhanced in-restaurant promotions, menu updates, and improved same-restaurant performance building on previous period trends, which have helped elevate average check sizes and traffic, as seen in past quarters. " "

LongHorn Steakhouse Revenue

+9.4% (from $762.7 million to $833.8 million) " "

LongHorn’s revenue increased by 9.4% due to strong same-restaurant sales and strategic new openings. Continued focus on quality and value, as demonstrated in earlier quarters, contributed to higher customer spending and traffic, supporting the robust sales performance. " "

Fine Dining Revenue

Modest increase (from $327.1 million to $334.6 million) " "

The Fine Dining segment experienced modest growth. Building on the previous period’s momentum from acquisitions and improved average check sizes, the incremental revenue rise reflects continued integration benefits and steady organic growth despite competitive pricing pressures. " "

Other Business Revenue

Surge of over 1100% (from $59 million to $722.3 million) " "

Other Business revenue surged by over 1100% primarily due to the acquisition of Chuy's restaurants. This acquisition created a new revenue stream that dramatically transformed the segment’s performance compared to the previous year, highlighting the impact of strategic acquisitions on overall sales. " "

Operating Income

–3.2% (from $395.4 million down to $382.8 million) " "

Operating income declined by about 3.2% despite higher revenues. The decline reflects margin pressures from integration and acquisition-related costs which, although partially offset by cost management and productivity improvements observed in prior periods, still resulted in a slight contraction in operating profit. " "

Net Earnings

–1.5% (from $308.1 million to $303.8 million) " "

Net earnings decreased modestly by 1.5%. Although sales increased significantly, some of the gains were absorbed by higher operating expenses and integration costs. This mirrors past experiences where strong revenue growth was tempered by cost pressures, ultimately maintaining relatively stable profitability. " "

Basic EPS

Nearly unchanged (2.58 to 2.59) " "

Basic EPS remained nearly flat despite fluctuations in operating margins. This stability indicates that the company maintained robust cost controls and earnings quality, even as revenue and expenses shifted with new growth initiatives and acquisitions, consistent with trends seen in earlier periods. " "

Operating Cash Flow from Continuing Operations

300% increase (from $426.0 million to $1,707.0 million) " "

Operating cash flow from continuing operations more than tripled. This dramatic improvement was driven by strong net earnings adjustments, better working capital management, and sizeable non-cash adjustments, building on the operational enhancements observed in previous periods. " "

Dividends Paid

Significant increase (from $156.3 million to $658.5 million) " "

Dividends paid rose substantially, increasing to $658.5 million. This reflects the Board’s decision to enhance shareholder returns and is underpinned by a strong operating cash flow position, even though the documents offer limited detail on the strategic rationale beyond the declared dividend per share. " "