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Darden Restaurants Inc Stock Research

DRI

149.72USD+0.01(+0.01%)Delayedas of 20 Sep 2023, 03:12 pm
Watchlist

Market Summary

USD149.72+0.01
Delayedas of 20 Sep 2023, 03:12 pm
0.01%

DRI Stock Price

DRI RSI Chart

DRI Valuation

Market Cap

18.1B

Price/Earnings (Trailing)

18.46

Price/Sales (Trailing)

1.73

EV/EBITDA

12.36

Price/Free Cashflow

18.35

DRI Price/Sales (Trailing)

DRI Profitability

EBT Margin

10.54%

Return on Equity

46.41%

Return on Assets

9.41%

Free Cashflow Yield

5.45%

DRI Fundamentals

DRI Revenue

Revenue (TTM)

10.5B

Revenue Y/Y

6.38%

Revenue Q/Q

-0.62%

DRI Earnings

Earnings (TTM)

981.9M

Earnings Y/Y

11.86%

Earnings Q/Q

9.94%

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

Current Ratio

0.46

DRI Investor Care

Dividend Yield

3.23%

Dividend/Share (TTM)

4.84

Buy Backs (1Y)

2.26%

Diluted EPS (TTM)

7.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for DRI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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
-

1–10 of 50

Which funds bought or sold DRI recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 47

Latest Funds Activity

Are funds buying DRI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DRI
No. of Funds

Schedule 13G FIlings of Darden Restaurants

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Loading...

Peers (Alternatives to Darden Restaurants)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
202.9B
24.2B
-1.28% 9.46%
25.37
8.39
2.54% 31.52%
109.2B
35.0B
-2.00% 5.14%
28.86
3.12
9.48% -9.22%
53.1B
9.3B
4.08% 12.87%
47.68
5.72
13.96% 47.37%
39.0B
7.0B
-1.82% 9.63%
31.81
5.62
4.67% -4.12%
18.1B
10.5B
-5.53% 14.00%
18.46
1.73
8.91% 3.05%
MID-CAP
9.8B
18.3B
1.96% -0.05%
17.94
0.53
18.44% 253.28%
6.7B
4.3B
-4.48% 10.16%
22.98
1.54
15.14% 14.83%
5.2B
413.4M
4.63% 28.26%
82.92
12.6
38.83% 56.37%
4.3B
2.2B
-1.11% 1.95%
22.41
1.98
9.62% 6.94%
2.4B
991.4M
-12.08% 20.49%
-328.05
2.42
19.26% 68.50%
SMALL-CAP
1.6B
2.2B
-8.95% 0.86%
11.19
0.72
38.20% -10.10%
690.3M
516.6M
0.51% 24.04%
17.45
1.34
10.39% -9.21%
641.3M
442.3M
-5.17% 51.34%
24.27
1.45
7.34% 4.10%
605.3M
1.3B
-14.92% -8.15%
34.14
0.45
12.03% 449.26%
494.7M
472.7M
-9.57% -13.49%
12.69
1.05
10.04% -61.24%

Darden Restaurants News

InvestorsObserver
What do the Fundamentals Predict for Darden Restaurants, Inc. (DRI) Stock?.
InvestorsObserver,
63 minutes ago
The Ticker Tape
24/7 Wall St.
Investor's Business Daily

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)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.6%10,48810,3229,9849,7709,6309,3068,5907,9757,1966,1876,8017,2007,8078,7668,6668,5838,5108,4158,2978,2058,080
Costs and Expenses1.4%9,2869,1568,8688,6448,4688,1597,5967,1026,5476,4546,9377,2977,7597,8967,8097,7387,6787,5837,4977,4247,313
  S&GA Expenses4.6%386369346347373385381379396384405407376393395399406405413416410
EBITDA-100.0%-1,4711,4201,4281,5231,5111,3491,22399079.002121043711,1931,1781,3151,2951,2851,1421,1161,095
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 Taxes3.0%1,1211,0871,0401,0531,0941,080929809577-339-207-318-161667655797782781644622606
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 Income3.5%9829499099159531,040921824629-219-115-186-52.40636627718713680674643596
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%-9779351,0958881,011926872939278391285258790801852816741708640624
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.6%10,24210,07510,02510,01510,13610,20510,40310,54210,65610,0969,9289,7909,9469,9739,7439,7205,8935,6985,5495,4975,470
  Current Assets12.0%9988918929411,1791,2801,5141,6581,8711,3001,1109711,101686536670893687561545554
    Cash Equivalents33.6%3682752413784215557469481,215994777655763322157351457303140152147
  Inventory-5.9%288306296273271244230211191188203190207230212199207210209195205
  Net PPE----------2,8132,7762,7402,7572,7952,7312,6112,5532,5402,5212,4742,430
  Goodwill0%1,0371,0371,0371,0371,0371,0371,0371,0371,0371,0371,0371,0371,0371,2061,1991,2001,1841,1841,1841,1841,184
Liabilities0.1%8,0408,0328,0047,9507,9387,9207,8607,7897,8437,5217,4737,4157,6157,6327,4697,3383,5003,3823,2993,2223,275
  Current Liabilities-0.7%1,9371,9501,9061,8251,8481,8161,7811,7151,8481,6471,5461,5441,7931,6831,5581,5491,4741,4431,3851,3241,385
  Short Term Borrowings---58.00---------270-----45.00--
  Long Term Debt-885---901----------------
    LT Debt, Non Current-100.0%-881886895901916929937930930929929929929928928928927927927927
Shareholder's Equity7.7%2,2022,0442,0212,0642,1982,2862,5432,7522,8132,5762,4552,3752,3312,3412,2742,3812,3932,3162,2502,2752,195
  Retained Earnings80.8%-32.50-169-199-151-25.9034.00262446522303223167144649585790807728663694658
Accumulated Depreciation----------2,7852,7192,6592,6412,6162,5652,5152,4832,4152,3592,2912,232
Shares Outstanding-0.2%121121122123124127129130131131130130130121122123123123124124124
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations4.3%1,5531,4891,4191,5121,2651,3641,2461,1671,1945417036707171,2701,2771,3151,2681,1891,1401,0471,020
  Share Based Compensation6.6%68.0063.0061.0053.0061.0062.0069.0081.0072.0070.0066.0058.0053.0057.0056.0056.0060.0056.0056.0052.0043.00
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 Financing16.5%-1,033-1,237-1,423-1,642-1,609-1,378-891-518-47841126458.00139-688-723-584-484-560-645-564-636
  Dividend Payments1.7%59058057356856354245034620387.00146214322415401386371357343327314
  Buy Backs-30.6%4596619181,0841,07187249122545.0037.00106242330342346271208193138166235

DRI Income Statement

2023-05-28
CONSOLIDATED 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 labor3,346.33,108.82,286.3
Marketing expenses118.393.291.1
General and administrative expenses386.1373.2396.2
Depreciation and amortization387.8368.4350.9
Impairments and disposal of assets, net(10.6)(2.0)6.6
Total operating costs and expenses9,286.08,467.86,547.4
Operating income1,201.81,162.2648.7
Interest, net81.368.763.5
Other (income) expense, net0.00.08.7
Earnings before income taxes1,120.51,093.5576.5
Income tax expense (benefit)137.0138.8(55.9)
Earnings from continuing operations983.5954.7632.4
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)8.067.464.83
Diluted net earnings per share:   
Earnings from continuing operations (in dollars per share)8.007.404.80
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)121.9127.8130.4
Diluted (in shares)122.9129.0131.8
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

2023-05-28
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
May 28, 2023
May 29, 2022
Current assets:  
Cash and cash equivalents$ 367.8$ 420.6
Receivables, net80.272.0
Inventories287.9270.6
Prepaid income taxes107.3274.8
Prepaid expenses and other current assets154.5141.4
Total current assets997.71,179.4
Land, buildings and equipment, net3,725.13,356.0
Operating lease right-of-use assets3,373.93,465.1
Goodwill1,037.41,037.4
Trademarks806.3806.3
Other assets301.1291.6
Total assets10,241.510,135.8
Current liabilities:  
Accounts payable426.2366.9
Accrued payroll173.0181.5
Accrued income taxes7.832.1
Other accrued taxes65.964.5
Unearned revenues512.0498.0
Other current liabilities752.5704.5
Total current liabilities1,937.41,847.5
Long-term debt884.9901.0
Deferred income taxes142.2201.1
Operating lease liabilities - non-current3,667.63,755.8
Other liabilities1,407.91,232.2
Total liabilities8,040.07,937.6
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, respectively2,230.82,226.0
Preferred stock, no par value. Authorized 25.0 shares; none issued and outstanding0.00.0
Retained earnings (deficit)(32.5)(25.9)
Accumulated other comprehensive income (loss)3.2(1.9)
Total stockholders’ equity2,201.52,198.2
Total liabilities and stockholders’ equity$ 10,241.5$ 10,135.8
Eugene I. Lee
65535
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.