- Restaurants
- Consumer Cyclical
-
8.62
EPS
-
16.30
P/E
-
16.7B
MARKET CAP
-
3.79%
DIV YIELD
Company Overview
1000 DARDEN CENTER DRIVE,ORLANDO FL 32837,4072454000
CEO
Mr. Ricardo Cardenas
Employess
191105
Sector
Consumer Cyclical
Industry
Restaurants
Website
https://www.darden.com
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar's Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
Next Earnings Date
Dec. 13, 2024
Ex Dividends date
Aug. 01, 2024
Dividend Date
July 10, 2024
YTD Performance
-13.40%
Fiscal Year End
05-29
IPO Date
1995-05-09
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 6.12% | 6.00% | 16.54% | 8.60% |
EPS | 14.67% | 8.20% | 21.06% | 6.33% |
Equity | 0.39% | -1.29% | -7.28% | 1.86% |
Cash | 8.39% | -13.61% | -43.41% | -40.16% |
Return On Capital (ROIC) | 16.33% | 14.29% | 19.78% | 29.91% |
Debt
year (millions) | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Short Term Debt | 301 | 247 | 202 | 184 | 270 |
Long Term Debt | 1,370 | 4,550 | 4,660 | 5,020 | 5,210 |
LT Finance Leases | 5,060 | 3,670 | 3,760 | 4,090 | 4,280 |
Shares Outstanding | 120 | 122 | 128 | 130 | 123 |
Market Cap | 17,700 | 19,700 | 16,100 | 18,700 | 9,610 |
Price
News
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investorplace.comDarden (DRI) to Diversify Its Portfolio by Acquiring Chuy's
2 monthsDarden (DRI) is set to diversify its product offerings and reach out to new customers by acquiring Chuy's Holdings. The transaction is expected to close by Darden's second-quarter fiscal 2025.
zacks.comDarden Is Buying Chuy's to Tap Into Mexican Food Lovers
2 monthsOlive Garden parent Darden Restaurants agreed to acquire Chuy's Holdings, a Tex-Mex restaurant chain, for $605 million.
barrons.comDarden Restaurants Pays a Big Premium To Buy Chuy's Tex-Mex Restaurant Chain
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investopedia.comOlive Garden parent Darden to buy Chuy's in $605 mln deal
2 monthsDarden Restaurants , owner of the Olive Garden chain, has agreed to buy full-service restaurant operator Chuy's Holdings in an all-cash deal which has an enterprise value of $605 million, the companies said on Wednesday.
reuters.comDarden Restaurants to acquire Chuy's for approximately $605 million
2 monthsDarden agreed to acquire all outstanding shares of Chuy's at $37.50 per share, according to a press release. The Tex-Mex restaurant chain joins Darden's portfolio that includes restaurants such as Olive Garden, LongHorn Steakhouse and Ruth's Chris Steak House.
cnbc.comDarden Restaurants buys Tex-Mex chain Chuy's for $605 million
2 monthsDarden Restaurants said Wednesday it is buying the Tex-Mex chain Chuy's as it seeks to expand its dining options.
marketwatch.comDarden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction
2 monthsORLANDO, Fla. and AUSTIN, Texas , July 17, 2024 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) and Chuy's Holdings, Inc. ("Chuy's") (Nasdaq: CHUY), jointly announced today that they have entered into a definitive agreement pursuant to which Darden will acquire all of the outstanding shares of Chuy's for $37.50 per share, in an all-cash transaction with an enterprise value of approximately $605 million.
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