Segment Information (Tables)

3 Months Ended

Aug. 24, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables reconcile our segment results to our consolidated results reported in accordance with GAAP.

(in millions)	Olive Garden1		LongHorn Steakhouse		Fine Dining		Other Business		Corporate		Consolidated
For the three months ended August 24, 2025
Sales	$	1,301.1	$	776.4	$	286.5	$	680.7	$	—	$	3,044.7
Food and beverage	309.9		328.6		92.5		198.1		—		$	929.1
Restaurant labor	464.1		204.3		88.5		231.1		—		$	988.0
Restaurant expenses	222.7		105.3		64.6		135.4		(23.8)		$	504.2
Marketing	36.8		3.3		2.2		6.8		—		49.1
Segment profit	$	267.6	$	134.9	$	38.7	$	109.3	$	23.8	$	574.3
Depreciation and amortization	$	48.3	$	22.7	$	17.3	$	31.3	$	15.5	$	135.1
Impairments and (gain) loss on disposal of assets, net	(42.0)		—		—		—		—		(42.0)
Pre-opening costs	1.5		1.1		1.3		1.0		1.0		5.9
Purchases of land, buildings and equipment	63.2		48.9		22.0		39.5		0.5		174.1

(in millions)	Olive Garden1		LongHorn Steakhouse		Fine Dining		Other Business		Corporate		Consolidated
For the three months ended August 25, 2024
Sales	$	1,209.1	$	713.5	$	278.9	$	555.5	$	—	$	2,757.0
Food and beverage	291.5		298.2		90.5		166.5		—		846.7
Restaurant labor	429.6		185.6		84.2		189.9		—		889.3
Restaurant expenses	203.4		97.9		63.2		110.1		(20.9)		453.7
Marketing	34.5		3.4		2.1		4.7		—		44.7
Segment profit	$	250.1	$	128.4	$	38.9	$	84.3	$	20.9	$	522.6
Depreciation and amortization	$	45.3	$	20.3	$	16.8	$	25.7	$	13.4	$	121.5
Impairments and (gain) loss on disposal of assets, net	—		—		—		—		1.0		1.0
Pre-opening costs	1.1		0.8		1.3		0.6		0.7		4.5
Purchases of land, buildings and equipment	55.7		36.0		26.6		27.0		(0.1)		145.2

1 Segment results include sales from the eight Olive Garden Canada locations sold on July 14, 2025.

(in millions)	August 24, 2025		May 25, 2025
Segment Assets
Olive Garden	$	2,930.3	$	2,880.5
LongHorn Steakhouse	2,145.9		2,077.1
Fine Dining	2,645.1		2,623.5
Other Business	3,819.6		3,821.0
Corporate	1,218.7		1,184.9
Consolidated	$	12,759.6	$	12,587.0

Schedule of Reconciliation of Operating Profit (Loss) from Segments to Consolidated

A reconciliation of segment profit to earnings from continuing operations before income taxes is below.

	Three Months Ended
(in millions)	August 24, 2025		August 25, 2024
Segment profit	$	574.3	$	522.6
Less general and administrative expenses	(136.1)		(126.4)
Less depreciation and amortization	(135.1)		(121.5)
Less impairments and gain (loss) on disposal of assets, net	42.0		(1.0)
Less pre-opening costs	(5.9)		(4.5)
Less interest, net	(45.4)		(37.1)
Earnings before income taxes	$	293.8	$	232.1