Darden reports USD123.5 million quarterly gift-card activations

Darden Restaurants reported USD123.5 million of gift-card activations in the quarter ended August 30, compared with USD121.8 million in the corresponding earlier period. Its October 2 quarterly filing supplies the gift-specific breakdown following the broader September 24 earnings announcement. Darden quarterly gift-card activations Darden consolidated gift-card activations in the corresponding three-month periods. Gift-card activations Three months ended August 24, 2025: 121.8 USD million Three months ended August 30, 2026: 123.5 USD million Unaudited issuer-level activations, not restaurant revenue or card counts. Fiscal quarter endpoints differ under the company’s 52/53-week calendar; no cause for the change is established. Darden fiscal 2027 first-quarter Form 10-Q, Note 2 The deferred gift-card balance ended the quarter at USD598.4 million, against USD636.7 million at its beginning and USD588.3 million at the end of the comparable 2025 quarter. These are recorded outstanding obligations, rather than the value of restaurant meals already consumed.