Market Summary
USD149.72+0.01
Delayedas of 20 Sep 2023, 03:12 pm0.01%
DRI Stock Price
DRI RSI Chart
DRI Valuation
DRI Price/Sales (Trailing)
DRI Profitability
DRI Fundamentals
DRI Revenue
DRI Earnings
Price Action
52 Week Range
119.11173.06
(Low)(High)
Last 7 days
0.0%
Last 30 days
-5.5%
Last 90 days
-10.0%
Trailing 12 Months
14.0%
DRI Financial Health
DRI Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for DRI
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-01 | LEE EUGENE I JR | sold | -12,474,000 | 166 | -74,741 | - |
2023-08-01 | LEE EUGENE I JR | acquired | 2,674,490 | 78.84 | 33,923 | - |
2023-07-31 | Vennam Rajesh | acquired | 397,394 | 74.7824 | 5,314 | svp, cfo |
2023-07-31 | Vennam Rajesh | sold | -898,472 | 169 | -5,314 | svp, cfo |
2023-07-31 | Vennam Rajesh | gifted | - | - | -418 | svp, cfo |
2023-07-29 | Cardenas Ricardo | sold (taxes) | -832,072 | 167 | -4,967 | president and ceo |
2023-07-29 | Kiernan Daniel J. | acquired | - | - | 7,571 | president, olive garden |
2023-07-29 | Connelly Susan M. | sold (taxes) | -137,366 | 167 | -820 | svp, chief comm & pa officer |
2023-07-29 | Burrowes Todd | acquired | - | - | 8,413 | president, longhorn steakhouse |
2023-07-29 | LEE EUGENE I JR | acquired | - | - | 67,304 | - |
Which funds bought or sold DRI recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-18 | CAPE ANN SAVINGS BANK | reduced | -0.16 | 177,722 | 2,545,460 | 1.69% |
2023-09-13 | CGC Financial Services, LLC | new | - | 100,248 | 100,248 | 0.06% |
2023-09-12 | Farther Finance Advisors, LLC | added | 14.18 | 14,566 | 78,026 | 0.02% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 147,866 | 147,866 | 0.01% |
2023-09-05 | Covenant Partners, LLC | added | 1.49 | 62,760 | 738,327 | 0.27% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 386,793 | 386,793 | 0.07% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 333 | 3,661 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 32,184 | 451,116 | -% |
2023-08-23 | Rehmann Capital Advisory Group | reduced | -0.32 | 17,520 | 256,864 | 0.02% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -3.65 | 15,905 | 440,423 | 0.05% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Darden Restaurants
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 13, 2023 | capital world investors | 10.9% | 13,387,784 | SC 13G/A | |
| Feb 13, 2023 | capital international investors | 11.2% | 13,738,374 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.65% | 14,260,499 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 6.9% | 8,443,602 | SC 13G/A | |
| Feb 11, 2022 | capital international investors | 11.8% | 15,037,975 | SC 13G/A | |
| Feb 11, 2022 | capital world investors | 12.4% | 16,040,321 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 10.80% | 14,011,265 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 6.7% | 8,652,000 | SC 13G/A | |
| Aug 10, 2021 | capital international investors | 11.2% | 14,599,554 | SC 13G/A | |
| Jul 09, 2021 | capital world investors | 10.3% | 13,519,590 | SC 13G/A |
Recent SEC filings of Darden Restaurants
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 29, 2023 | 4 | Insider Trading | |
| Aug 10, 2023 | 4 | Insider Trading | |
| Aug 07, 2023 | ARS | ARS | |
| Aug 07, 2023 | DEF 14A | DEF 14A | |
| Aug 07, 2023 | DEFA14A | DEFA14A | |
| Aug 03, 2023 | 4/A | Insider Trading | |
| Aug 03, 2023 | 4/A | Insider Trading | |
| Aug 03, 2023 | 4/A | Insider Trading |
DRI Fair Value
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Peers (Alternatives to Darden Restaurants)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 202.9B | 24.2B | -1.28% | 9.46% | 25.37 | 8.39 | 2.54% | 31.52% |
SBUX | 109.2B | 35.0B | -2.00% | 5.14% | 28.86 | 3.12 | 9.48% | -9.22% |
CMG | 53.1B | 9.3B | 4.08% | 12.87% | 47.68 | 5.72 | 13.96% | 47.37% |
YUM | 39.0B | 7.0B | -1.82% | 9.63% | 31.81 | 5.62 | 4.67% | -4.12% |
DRI | 18.1B | 10.5B | -5.53% | 14.00% | 18.46 | 1.73 | 8.91% | 3.05% |
| MID-CAP | ||||||||
ARMK | 9.8B | 18.3B | 1.96% | -0.05% | 17.94 | 0.53 | 18.44% | 253.28% |
TXRH | 6.7B | 4.3B | -4.48% | 10.16% | 22.98 | 1.54 | 15.14% | 14.83% |
WING | 5.2B | 413.4M | 4.63% | 28.26% | 82.92 | 12.6 | 38.83% | 56.37% |
WEN | 4.3B | 2.2B | -1.11% | 1.95% | 22.41 | 1.98 | 9.62% | 6.94% |
SHAK | 2.4B | 991.4M | -12.08% | 20.49% | -328.05 | 2.42 | 19.26% | 68.50% |
| SMALL-CAP | ||||||||
PLAY | 1.6B | 2.2B | -8.95% | 0.86% | 11.19 | 0.72 | 38.20% | -10.10% |
RUTH | 690.3M | 516.6M | 0.51% | 24.04% | 17.45 | 1.34 | 10.39% | -9.21% |
CHUY | 641.3M | 442.3M | -5.17% | 51.34% | 24.27 | 1.45 | 7.34% | 4.10% |
BJRI | 605.3M | 1.3B | -14.92% | -8.15% | 34.14 | 0.45 | 12.03% | 449.26% |
DENN | 494.7M | 472.7M | -9.57% | -13.49% | 12.69 | 1.05 | 10.04% | -61.24% |
Darden Restaurants News
Returns for DRI
Cumulative Returns on DRI
17.1%
10-Year Cumulative Returns
16.3%
7-Year Cumulative Returns
7.4%
5-Year Cumulative Returns
21.0%
3-Year Cumulative Returns
Risks for DRI
What is the probability of a big loss on DRI?
36.1%
Probability that Darden Restaurants stock will be more than 20% underwater in next one year
20%
Probability that Darden Restaurants stock will be more than 30% underwater in next one year.
20%
Probability that Darden Restaurants stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does DRI drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Darden Restaurants was unfortunately bought at previous high price.
Drawdowns
Financials for Darden Restaurants
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 1.6% | 10,488 | 10,322 | 9,984 | 9,770 | 9,630 | 9,306 | 8,590 | 7,975 | 7,196 | 6,187 | 6,801 | 7,200 | 7,807 | 8,766 | 8,666 | 8,583 | 8,510 | 8,415 | 8,297 | 8,205 | 8,080 |
| Costs and Expenses | 1.4% | 9,286 | 9,156 | 8,868 | 8,644 | 8,468 | 8,159 | 7,596 | 7,102 | 6,547 | 6,454 | 6,937 | 7,297 | 7,759 | 7,896 | 7,809 | 7,738 | 7,678 | 7,583 | 7,497 | 7,424 | 7,313 |
| S&GA Expenses | 4.6% | 386 | 369 | 346 | 347 | 373 | 385 | 381 | 379 | 396 | 384 | 405 | 407 | 376 | 393 | 395 | 399 | 406 | 405 | 413 | 416 | 410 |
| EBITDA | -100.0% | - | 1,471 | 1,420 | 1,428 | 1,523 | 1,511 | 1,349 | 1,223 | 990 | 79.00 | 212 | 104 | 371 | 1,193 | 1,178 | 1,315 | 1,295 | 1,285 | 1,142 | 1,116 | 1,095 |
| EBITDA Margin | -100.0% | - | 0.14* | 0.14* | 0.15* | 0.16* | 0.16* | 0.16* | 0.15* | 0.14* | 0.01* | 0.03* | 0.01* | 0.05* | 0.14* | 0.14* | 0.15* | 0.15* | 0.15* | 0.14* | 0.14* | 0.14* |
| Earnings Before Taxes | 3.0% | 1,121 | 1,087 | 1,040 | 1,053 | 1,094 | 1,080 | 929 | 809 | 577 | -339 | -207 | -318 | -161 | 667 | 655 | 797 | 782 | 781 | 644 | 622 | 606 |
| EBT Margin | -100.0% | - | 0.11* | 0.10* | 0.11* | 0.11* | 0.12* | 0.11* | 0.10* | 0.08* | -0.05* | -0.03* | -0.04* | -0.02* | 0.08* | 0.08* | 0.09* | 0.09* | 0.09* | 0.08* | 0.08* | 0.07* |
| Net Income | 3.5% | 982 | 949 | 909 | 915 | 953 | 1,040 | 921 | 824 | 629 | -219 | -115 | -186 | -52.40 | 636 | 627 | 718 | 713 | 680 | 674 | 643 | 596 |
| Net Income Margin | -100.0% | - | 0.09* | 0.09* | 0.09* | 0.10* | 0.11* | 0.11* | 0.10* | 0.09* | -0.04* | -0.02* | -0.03* | -0.01* | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.08* | 0.08* | 0.07* |
| Free Cashflow | -100.0% | - | 977 | 935 | 1,095 | 888 | 1,011 | 926 | 872 | 939 | 278 | 391 | 285 | 258 | 790 | 801 | 852 | 816 | 741 | 708 | 640 | 624 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.6% | 10,242 | 10,075 | 10,025 | 10,015 | 10,136 | 10,205 | 10,403 | 10,542 | 10,656 | 10,096 | 9,928 | 9,790 | 9,946 | 9,973 | 9,743 | 9,720 | 5,893 | 5,698 | 5,549 | 5,497 | 5,470 |
| Current Assets | 12.0% | 998 | 891 | 892 | 941 | 1,179 | 1,280 | 1,514 | 1,658 | 1,871 | 1,300 | 1,110 | 971 | 1,101 | 686 | 536 | 670 | 893 | 687 | 561 | 545 | 554 |
| Cash Equivalents | 33.6% | 368 | 275 | 241 | 378 | 421 | 555 | 746 | 948 | 1,215 | 994 | 777 | 655 | 763 | 322 | 157 | 351 | 457 | 303 | 140 | 152 | 147 |
| Inventory | -5.9% | 288 | 306 | 296 | 273 | 271 | 244 | 230 | 211 | 191 | 188 | 203 | 190 | 207 | 230 | 212 | 199 | 207 | 210 | 209 | 195 | 205 |
| Net PPE | - | - | - | - | - | - | - | - | - | - | 2,813 | 2,776 | 2,740 | 2,757 | 2,795 | 2,731 | 2,611 | 2,553 | 2,540 | 2,521 | 2,474 | 2,430 |
| Goodwill | 0% | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,037 | 1,206 | 1,199 | 1,200 | 1,184 | 1,184 | 1,184 | 1,184 | 1,184 |
| Liabilities | 0.1% | 8,040 | 8,032 | 8,004 | 7,950 | 7,938 | 7,920 | 7,860 | 7,789 | 7,843 | 7,521 | 7,473 | 7,415 | 7,615 | 7,632 | 7,469 | 7,338 | 3,500 | 3,382 | 3,299 | 3,222 | 3,275 |
| Current Liabilities | -0.7% | 1,937 | 1,950 | 1,906 | 1,825 | 1,848 | 1,816 | 1,781 | 1,715 | 1,848 | 1,647 | 1,546 | 1,544 | 1,793 | 1,683 | 1,558 | 1,549 | 1,474 | 1,443 | 1,385 | 1,324 | 1,385 |
| Short Term Borrowings | - | - | - | 58.00 | - | - | - | - | - | - | - | - | - | 270 | - | - | - | - | - | 45.00 | - | - |
| Long Term Debt | - | 885 | - | - | - | 901 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| LT Debt, Non Current | -100.0% | - | 881 | 886 | 895 | 901 | 916 | 929 | 937 | 930 | 930 | 929 | 929 | 929 | 929 | 928 | 928 | 928 | 927 | 927 | 927 | 927 |
| Shareholder's Equity | 7.7% | 2,202 | 2,044 | 2,021 | 2,064 | 2,198 | 2,286 | 2,543 | 2,752 | 2,813 | 2,576 | 2,455 | 2,375 | 2,331 | 2,341 | 2,274 | 2,381 | 2,393 | 2,316 | 2,250 | 2,275 | 2,195 |
| Retained Earnings | 80.8% | -32.50 | -169 | -199 | -151 | -25.90 | 34.00 | 262 | 446 | 522 | 303 | 223 | 167 | 144 | 649 | 585 | 790 | 807 | 728 | 663 | 694 | 658 |
| Accumulated Depreciation | - | - | - | - | - | - | - | - | - | - | 2,785 | 2,719 | 2,659 | 2,641 | 2,616 | 2,565 | 2,515 | 2,483 | 2,415 | 2,359 | 2,291 | 2,232 |
| Shares Outstanding | -0.2% | 121 | 121 | 122 | 123 | 124 | 127 | 129 | 130 | 131 | 131 | 130 | 130 | 130 | 121 | 122 | 123 | 123 | 123 | 124 | 124 | 124 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 4.3% | 1,553 | 1,489 | 1,419 | 1,512 | 1,265 | 1,364 | 1,246 | 1,167 | 1,194 | 541 | 703 | 670 | 717 | 1,270 | 1,277 | 1,315 | 1,268 | 1,189 | 1,140 | 1,047 | 1,020 |
| Share Based Compensation | 6.6% | 68.00 | 63.00 | 61.00 | 53.00 | 61.00 | 62.00 | 69.00 | 81.00 | 72.00 | 70.00 | 66.00 | 58.00 | 53.00 | 57.00 | 56.00 | 56.00 | 60.00 | 56.00 | 56.00 | 52.00 | 43.00 |
| Cashflow From Investing | -9.8% | -568 | -517 | -484 | -423 | -389 | -363 | -331 | -303 | -263 | -278 | -344 | -421 | -544 | -560 | -530 | -520 | -462 | -458 | -452 | -463 | -451 |
| Cashflow From Financing | 16.5% | -1,033 | -1,237 | -1,423 | -1,642 | -1,609 | -1,378 | -891 | -518 | -478 | 411 | 264 | 58.00 | 139 | -688 | -723 | -584 | -484 | -560 | -645 | -564 | -636 |
| Dividend Payments | 1.7% | 590 | 580 | 573 | 568 | 563 | 542 | 450 | 346 | 203 | 87.00 | 146 | 214 | 322 | 415 | 401 | 386 | 371 | 357 | 343 | 327 | 314 |
| Buy Backs | -30.6% | 459 | 661 | 918 | 1,084 | 1,071 | 872 | 491 | 225 | 45.00 | 37.00 | 106 | 242 | 330 | 342 | 346 | 271 | 208 | 193 | 138 | 166 | 235 |
DRI Income Statement
2023-05-28CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
|---|---|---|---|
May 28, 2023 | May 29, 2022 | May 30, 2021 | |
| Sales | $ 10,487.8 | $ 9,630.0 | $ 7,196.1 |
| Costs and expenses: | |||
| Restaurant labor | 3,346.3 | 3,108.8 | 2,286.3 |
| Marketing expenses | 118.3 | 93.2 | 91.1 |
| General and administrative expenses | 386.1 | 373.2 | 396.2 |
| Depreciation and amortization | 387.8 | 368.4 | 350.9 |
| Impairments and disposal of assets, net | (10.6) | (2.0) | 6.6 |
| Total operating costs and expenses | 9,286.0 | 8,467.8 | 6,547.4 |
| Operating income | 1,201.8 | 1,162.2 | 648.7 |
| Interest, net | 81.3 | 68.7 | 63.5 |
| Other (income) expense, net | 0.0 | 0.0 | 8.7 |
| Earnings before income taxes | 1,120.5 | 1,093.5 | 576.5 |
| Income tax expense (benefit) | 137.0 | 138.8 | (55.9) |
| Earnings from continuing operations | 983.5 | 954.7 | 632.4 |
| Losses from discontinued operations, net of tax benefit of $0.8, $0.2 and $3.2, respectively | (1.6) | (1.9) | (3.1) |
| Net earnings | $ 981.9 | $ 952.8 | $ 629.3 |
| Basic net earnings per share: | |||
| Earnings from continuing operations (in dollars per share) | $ 8.07 | $ 7.47 | $ 4.85 |
| Losses from discontinued operations (in dollars per share) | (0.01) | (0.01) | (0.02) |
| Net earnings (in dollars per share) | 8.06 | 7.46 | 4.83 |
| Diluted net earnings per share: | |||
| Earnings from continuing operations (in dollars per share) | 8.00 | 7.40 | 4.80 |
| Losses from discontinued operations (in dollars per share) | (0.01) | (0.01) | (0.03) |
| Net earnings (in dollars per share) | $ 7.99 | $ 7.39 | $ 4.77 |
| Average number of common shares outstanding: | |||
| Basic (in shares) | 121.9 | 127.8 | 130.4 |
| Diluted (in shares) | 122.9 | 129.0 | 131.8 |
| Food and beverage | |||
| Costs and expenses: | |||
| Food and beverage costs and restaurant expenses | $ 3,355.9 | $ 2,943.6 | $ 2,072.1 |
| Restaurant expenses | |||
| Costs and expenses: | |||
| Food and beverage costs and restaurant expenses | $ 1,702.2 | $ 1,582.6 | $ 1,344.2 |
DRI Balance Sheet
2023-05-28CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | May 28, 2023 | May 29, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 367.8 | $ 420.6 |
| Receivables, net | 80.2 | 72.0 |
| Inventories | 287.9 | 270.6 |
| Prepaid income taxes | 107.3 | 274.8 |
| Prepaid expenses and other current assets | 154.5 | 141.4 |
| Total current assets | 997.7 | 1,179.4 |
| Land, buildings and equipment, net | 3,725.1 | 3,356.0 |
| Operating lease right-of-use assets | 3,373.9 | 3,465.1 |
| Goodwill | 1,037.4 | 1,037.4 |
| Trademarks | 806.3 | 806.3 |
| Other assets | 301.1 | 291.6 |
| Total assets | 10,241.5 | 10,135.8 |
| Current liabilities: | ||
| Accounts payable | 426.2 | 366.9 |
| Accrued payroll | 173.0 | 181.5 |
| Accrued income taxes | 7.8 | 32.1 |
| Other accrued taxes | 65.9 | 64.5 |
| Unearned revenues | 512.0 | 498.0 |
| Other current liabilities | 752.5 | 704.5 |
| Total current liabilities | 1,937.4 | 1,847.5 |
| Long-term debt | 884.9 | 901.0 |
| Deferred income taxes | 142.2 | 201.1 |
| Operating lease liabilities - non-current | 3,667.6 | 3,755.8 |
| Other liabilities | 1,407.9 | 1,232.2 |
| Total liabilities | 8,040.0 | 7,937.6 |
| Stockholders’ equity: | ||
| Common stock and surplus, no par value. Authorized 500.0 shares; issued 121.1 and 123.9 shares, respectively; outstanding 121.1 and 123.9 shares, respectively | 2,230.8 | 2,226.0 |
| Preferred stock, no par value. Authorized 25.0 shares; none issued and outstanding | 0.0 | 0.0 |
| Retained earnings (deficit) | (32.5) | (25.9) |
| Accumulated other comprehensive income (loss) | 3.2 | (1.9) |
| Total stockholders’ equity | 2,201.5 | 2,198.2 |
| Total liabilities and stockholders’ equity | $ 10,241.5 | $ 10,135.8 |
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 30, 2021, it owned and operated 1,834 restaurants, which included 875 under the Olive Garden, 533 under the LongHorn Steakhouse, 170 under the Cheddar's Scratch Kitchen, 81 under the Yard House, 63 under The Capital Grille, 44 under the Seasons 52, 42 under the Bahama Breeze, and 26 under the Eddie V's Prime Seafood brands. The company was founded in 1968 and is based in Orlando, Florida.