Impairments and Disposal of Assets

6 Months Ended

Nov. 23, 2025

Impairments and (gain) loss on disposal of assets, net, in our accompanying consolidated statements of earnings were comprised of the following:


	Three Months Ended				Six Months Ended
(in millions)	November 23, 2025		November 24, 2024		November 23, 2025		November 24, 2024
Restaurant impairments	$	—	$	—	$	—	$	—
Disposal (gains) losses	(3.0)		—		(45.0)		0.1
Other	0.1		—		0.1		0.9
Impairments and (gain) loss on disposal of assets, net	$	(2.9)	$	—	$	(44.9)	$	1.0

Disposal (gains) losses for the three and six months ended November 23, 2025 were related to the sale of real estate, a tenant buyout incentive and the sale of the assets of all eight Olive Garden restaurants in Canada and certain liabilities related thereto. Disposal (gains) losses for the six months ended November 24, 2024 were related to the closure of previously impaired locations. Other impacts for the three months and six months ended November 23, 2025 were primarily related to lease terminations. Other impacts for the six months ended November 24, 2024 were related to right-of-use asset adjustments on early lease terminations and product losses.