Darden Restaurants, Inc. (DRI) Q1 2026 Earnings Call

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WEBVTT 00:00:00.183 -- 00:00:04.608 Greetings and welcome to the Darden Fiscal Year 2026 00:00:04.608 -- 00:00:07.492 First Quarter Earnings Conference Call. 00:00:07.492 -- 00:00:10.616 Your line has been placed on this and only until the question and answer session. 00:00:10.616 -- 00:00:15.782 To ask a question, you may press star 1 on your touch-tone phone. 00:00:15.782 -- 00:00:19.487 We ask you to please limit yourselves to one question, one follow-up, and return to the 00:00:19.487 -- 00:00:24.132 queue. This conference is being recorded. If you have any objections, please disconnect 00:00:24.132 -- 00:00:26.836 at this time. I'll now turn the call over to Ms. 00:00:26.836 -- 00:00:30.398 Courtney Aquila. Thank you. You may begin. 00:00:30.929 -- 00:00:34.614 Thank you, Kevin. Good morning, everyone, and thank you for participating on today's 00:00:34.614 -- 00:00:41.260 call. Joining me are Rick Cardenas, Darden's President and CEO, and Raj Manam, CFO. 00:00:42.044 -- 00:00:46.149 As a reminder, comments made during this call will include forward-looking statements 00:00:46.149 -- 00:00:49.433 as defined in the Private Securities Litigation Reform Act of 1995. 00:00:49.433 -- 00:00:54.600 These statements are subject to risks and uncertainties that could cause actual results 00:00:54.600 -- 00:00:57.925 to differ materially from our expectations and projections. 00:00:57.925 -- 00:01:02.212 Those risks are described in the company's press release, which was distributed this 00:01:02.212 -- 00:01:06.357 morning and in its filings with the Securities and Exchange Commission. 00:01:06.357 -- 00:01:10.843 We are simultaneously broadcasting a presentation during this call, which is posted in 00:01:10.843 -- 00:01:14.708 the Investor Relations section of our websit...