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Darden Restaurants Inc Stock Research

DRI

150.36USD+2.60(+1.76%)Market Closed

Market Summary

USD150.36+2.60
Market Closed
1.76%

DRI Stock Price

DRI RSI Chart

DRI Valuation

Market Cap

18.4B

Price/Earnings (Trailing)

20.2

Price/Sales (Trailing)

1.84

EV/EBITDA

12.76

Price/Free Cashflow

19.64

DRI Price/Sales (Trailing)

DRI Profitability

EBT Margin

10.42%

Return on Equity

44.98%

Return on Assets

9.07%

Free Cashflow Yield

5.09%

DRI Fundamentals

DRI Revenue

Revenue (TTM)

10.0B

Revenue Y/Y

9.43%

Revenue Q/Q

1.65%

DRI Earnings

Earnings (TTM)

908.9M

Earnings Y/Y

-3.11%

Earnings Q/Q

-3.01%

Price Action

52 Week Range

108.81152.08
(Low)(High)

Last 7 days

1.4%

Last 30 days

0.0%

Last 90 days

3.4%

Trailing 12 Months

22.2%

DRI Financial Health

Current Ratio

0.47

Debt/Equity

0.41

Debt/Cashflow

1.4

DRI Investor Care

Dividend Yield

3.07%

Dividend/Share (TTM)

4.62

Buy Backs (1Y)

5.50%

Diluted EPS (TTM)

7.24

Peers (Alternatives to Darden Restaurants)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
198.8B
23.2B
0.05% 16.44%
32.19
8.58
-0.17% -18.13%
115.3B
32.9B
-8.46% 21.74%
34.73
3.5
8.41% -24.41%
45.1B
8.6B
-1.45% 6.51%
50.2
5.23
14.41% 37.69%
36.1B
6.8B
-4.07% 12.49%
27.22
5.27
3.92% -15.87%
18.4B
10.0B
-0.05% 22.19%
20.2
1.84
16.23% -1.35%
MID-CAP
8.7B
17.0B
-13.89% -5.83%
38.66
0.51
27.66% 584.49%
7.2B
4.0B
2.32% 33.62%
26.81
1.8
15.91% 10.00%
5.4B
357.5M
7.11% 60.53%
102.55
15.19
26.56% 24.12%
4.5B
2.1B
-8.69% -3.72%
25.11
2.13
10.46% -11.49%
2.2B
900.5M
-2.39% -11.52%
-91.65
2.45
21.70% -178.35%
SMALL-CAP
1.7B
1.7B
-22.36% -14.62%
13.72
0.97
61.79% 371.82%
706.1M
1.3B
-8.26% 9.24%
173.24
0.55
18.11% 213.03%
643.4M
422.2M
5.25% 31.31%
30.85
1.52
6.49% -30.89%
633.1M
456.4M
-11.70% -23.65%
8.47
1.39
14.63% -4.30%
564.4M
505.9M
0.65% -21.38%
14.61
1.12
17.88% -8.64%

Financials for Darden Restaurants

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.2%9,9849,7709,6309,3068,590
Gross Profit0.2%1,9021,8991,742--
  S&GA Expenses-0.4%346347373385381
Costs and Expenses2.6%8,8698,6458,4688,1597,596
EBITDA-0.5%1,4201,4281,5231,5111,349
EBITDA Margin-2.7%0.14*0.15*0.16*0.16*0.16*
Earnings Before Taxes-1.2%1,0401,0531,0941,080929
EBT Margin-3.3%0.10*0.11*0.11*0.12*0.11*
Interest Expenses-2.5%65.0067.0061.00--
Net Income-0.7%9099159531,040921
Net Income Margin-2.8%0.09*0.09*0.10*0.11*0.11*
Free Cahsflow-14.6%9351,0958881,011926
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.1%10,02510,01510,13610,20510,403
  Current Assets-5.2%8929411,1791,2801,514
    Cash Equivalents-36.2%241378421555746
  Inventory8.4%296273271244230
  Goodwill0%1,0371,0371,0371,0371,037
Liabilities0.7%8,0047,9507,9387,9207,860
  Current Liabilities4.4%1,9061,8251,8481,8161,781
.    Short Term BorrowingsInfinity%58.00----
  Long Term Debt-1.7%901916---
    LT Debt, Non Current-1.0%886895901916929
Shareholder's Equity-2.1%2,0212,0642,1982,2862,543
  Retained Earnings-31.6%-199-151-25.9034.00262
Shares Outstanding-0.7%122123124127129
Float-17,965----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-6.2%1,4191,5121,2651,3641,246
  Share Based Compensation14.3%61.0053.0061.0062.0069.00
Cashflow From Investing-14.5%-484-423-389-363-331
Cashflow From Financing13.3%-1,423-1,642-1,609-1,378-891
  Dividend Payments1.0%573568563542450
  Buy Backs-15.3%9181,0841,071872491

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

Returns for DRI

Cumulative Returns on DRI

16.3%


10-Year Cumulative Returns

14.8%


7-Year Cumulative Returns

12.0%


5-Year Cumulative Returns

34.0%


3-Year Cumulative Returns

What are the long-term rolling returns for DRI?

FIve years rolling returns for Darden Restaurants.

Annualized Returns

Which funds bought or sold DRI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
added
0.87
23,465
256,465
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
223
153,833,000
214,349,000
0.23%
2023-03-06
Rockefeller Capital Management L.P.
added
3.62
197,000
1,654,000
0.01%
2023-03-03
TIAA, FSB
added
7.83
49,159
318,159
-%
2023-03-01
Lakewood Asset Management LLC
new
-
14,000
14,000
0.01%
2023-02-28
Voya Investment Management LLC
added
2.59
1,058,990
9,633,990
0.01%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
3,156,000
3,156,000
-%
2023-02-24
National Pension Service
reduced
-7.66
-366,904
29,485,500
0.06%
2023-02-24
SRS Capital Advisors, Inc.
unchanged
-
61.00
3,061
-%
2023-02-24
NATIXIS
added
61.65
838,672
1,930,670
0.01%

1–10 of 47

Latest Funds Activity

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

Darden Restaurants News

Yahoo Eurosport UK

Darden Restaurants' (NYSE:DRI) 60% CAGR outpaced the company's earnings growth over the same three-year period.

Yahoo Eurosport UK,
11 hours ago

DirectorsTalk Interviews

Nasdaq

Schedule 13G FIlings of Darden Restaurants

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital international investors
11.2%
13,738,374
SC 13G/A
Feb 13, 2023
capital world investors
10.9%
13,387,784
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 world investors
12.4%
16,040,321
SC 13G/A
Feb 11, 2022
capital international investors
11.8%
15,037,975
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

DRI Fair Value

Darden Restaurants fair value in different scenarios

The table shows the Fair Value estimates for Darden Restaurants for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

87.94

-41.51%

136.62

-9.14%

182.70

21.51%

235.59

56.68%

277.05

84.26%
Current Inflation

80.71

-46.32%

122.39

-18.60%

160.46

6.72%

204.09

35.73%

238.12

58.37%
Very High Inflation

71.80

-52.25%

105.40

-29.90%

134.56

-10.51%

168.01

11.74%

193.93

28.98%

Historical Darden Restaurants Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Darden Restaurants

View All Filings
Date Filed Form Type Document
Mar 07, 2023
4/A
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 02, 2023
4
Insider Trading
Feb 01, 2023
SC 13G/A
Major Ownership Report
Jan 18, 2023
4
Insider Trading

Latest Insider Trading transactions for DRI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-02
MENSAH NANA
sold
-9,487
148
-64.00
-
2023-01-13
Renninger Richard L.
sold
-739,942
147
-5,000
svp, chief development officer
2023-01-13
Renninger Richard L.
acquired
298,400
59.68
5,000
svp, chief development officer
2023-01-10
Milanes Douglas J.
acquired
144,930
65.02
2,229
svp, chief supply chain ofcr
2023-01-10
Milanes Douglas J.
sold
-334,350
150
-2,229
svp, chief supply chain ofcr
2023-01-06
Madonna John W.
gifted
-
-
-75.00
svp, corporate controller
2023-01-04
Martin Melvin John
sold
-283,891
141
-2,000
president, srg
2022-12-27
LEE EUGENE I JR
gifted
-
-
-3,624
-
2022-11-10
Milanes Douglas J.
acquired
144,865
65.02
2,228
svp, chief supply chain ofcr
2022-11-10
Milanes Douglas J.
sold
-323,060
145
-2,228
svp, chief supply chain ofcr

1–10 of 50

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.

DRI Income Statement

2022-11-27
CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Nov. 27, 2022
Nov. 28, 2021
Nov. 27, 2022
Nov. 28, 2021
Sales$ 2,486.5$ 2,272.2$ 4,932.6$ 4,578.2
Costs and expenses:    
Restaurant labor808.5744.81,602.31,480.8
Marketing expenses31.121.961.445.8
General and administrative expenses90.491.7178.7204.7
Depreciation and amortization96.892.1192.4181.1
Impairments and disposal of assets, net(8.8)0.0(13.7)0.0
Total operating costs and expenses2,253.32,029.64,455.24,055.0
Operating income233.2242.6477.4523.2
Interest, net19.816.739.632.3
Earnings before income taxes213.4225.9437.8490.9
Income tax expense25.932.556.765.8
Earnings from continuing operations187.5193.4381.1425.1
Losses from discontinued operations, net of tax benefit of $0.3, $0.0, $0.3 and $0.5, respectively(0.3)(0.2)(0.9)(1.0)
Net earnings$ 187.2$ 193.2$ 380.2$ 424.1
Basic net earnings per share:    
Earnings from continuing operations (in dollars per share)$ 1.54$ 1.50$ 3.11$ 3.28
Losses from discontinued operations (in dollars per share)(0.01)0(0.01)(0.01)
Net earnings (in dollars per share)1.531.503.103.27
Diluted net earnings per share:    
Earnings from continuing operations (in dollars per share)1.521.483.093.24
Losses from discontinued operations (in dollars per share)00(0.01)(0.01)
Net earnings (in dollars per share)$ 1.52$ 1.48$ 3.08$ 3.23
Average number of common shares outstanding:    
Basic (in shares)122.1129.2122.5129.8
Diluted (in shares)123.1130.5123.5131.1
Food and beverage    
Costs and expenses:    
Food and beverage costs and restaurant expenses$ 818.3$ 694.1$ 1,613.6$ 1,379.5
Restaurant expenses    
Costs and expenses:    
Food and beverage costs and restaurant expenses$ 417.0$ 385.0$ 820.5$ 763.1

DRI Balance Sheet

2022-11-27
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Nov. 27, 2022
May 29, 2022
Current assets:  
Cash and cash equivalents$ 240.7$ 420.6
Receivables, net71.672.0
Inventories296.1270.6
Prepaid income taxes115.6274.8
Prepaid expenses and other current assets168.1141.4
Total current assets892.11,179.4
Land, buildings and equipment, net of accumulated depreciation and amortization of $3,289.9 and $3,140.9, respectively3,558.73,356.0
Operating lease right-of-use assets3,434.83,465.1
Goodwill1,037.41,037.4
Trademarks806.3806.3
Other assets296.0291.6
Total assets10,025.310,135.8
Current liabilities:  
Accounts payable435.3366.9
Short-term debt58.00.0
Accrued payroll137.1181.5
Accrued income taxes18.932.1
Other accrued taxes68.364.5
Unearned revenues463.8498.0
Other current liabilities725.0704.5
Total current liabilities1,906.41,847.5
Long-term debt885.8901.0
Deferred income taxes177.5201.1
Operating lease liabilities - non-current3,730.53,755.8
Other liabilities1,304.21,232.2
Total liabilities8,004.47,937.6
Stockholders’ equity:  
Common stock and surplus2,214.62,226.0
Retained earnings (deficit)(199.7)(25.9)
Accumulated other comprehensive income (loss)6.0(1.9)
Total stockholders’ equity2,020.92,198.2
Total liabilities and stockholders’ equity$ 10,025.3$ 10,135.8