Traditional promotion and relegation to and from the top-tier Prem will be scrapped from the start of the 2026-27 season after landmark changes to English rugby were voted through. Instead of earning a play-off shot at replacing the Prem's bottom side by finishing top of the second-tier Champ and meeting the top flight's minimum standards, ambitious clubs will instead apply to join and be judged across a range of criteria.
Darden reported Q1 revenue of $3.04 billion, missing the $3.07 billion estimate, while EPS of $1.97 fell short of the $2.02 consensus. The company still posted 4.7% same-restaurant sales growth and 24.5% net income growth year over year. Olive Garden generated $1.30 billion in revenue during the quarter, and LongHorn added $776 million. CEO Rick Cardenas said the company had "a strong start to the fiscal year with same-restaurant sales and earnings growth that exceeded our expectations."