Fitch affirms Darden's IDR at 'BBB'; outlook stable

Fitch Ratings has affirmed Darden Restaurants, Inc.'s Issuer Default Rating (IDR) at 'BBB', with a stable outlook. This decision reflects Fitch's assessment of Darden's credit profile, which remains supported by its strong brand recognition, diversified restaurant portfolio, and consistent operational performance. The stable outlook indicates that Fitch does not anticipate significant changes to Darden's credit fundamentals in the near term. The rating agency highlighted the company's ability to manage its debt levels and maintain financial flexibility amid evolving market conditions. Darden operates a range of well-known restaurant brands, including Olive Garden, LongHorn Steakhouse, and Cheddar's Scratch Kitchen. The affirmation of the 'BBB' rating underscores investor confidence in the company's long-term creditworthiness and its capacity to meet its financial obligations. Investors and analysts will continue to monitor Darden's performance, particularly in light of broader economic trends and consumer spending patterns. The rating action is effective as of September 24, 2025.