• Restaurants
  • Consumer Cyclical
Darden Restaurants, Inc. logo
Darden Restaurants, Inc.
DRI · US · NYSE
140.51
USD
-3.52
(2.51%)
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
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
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Darden (DRI) to Diversify Its Portfolio by Acquiring Chuy's
2 months

Darden (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.com
Darden Is Buying Chuy's to Tap Into Mexican Food Lovers
2 months

Olive Garden parent Darden Restaurants agreed to acquire Chuy's Holdings, a Tex-Mex restaurant chain, for $605 million.

barrons.com
Darden Restaurants Pays a Big Premium To Buy Chuy's Tex-Mex Restaurant Chain
2 months

Shares of Chuy's Holdings (CHUY) soared Thursday after Darden Restaurants (DRI) announced it was buying the Tex-Mex restaurant chain for $605 million in cash.

investopedia.com
Olive Garden parent Darden to buy Chuy's in $605 mln deal
2 months

Darden 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.com
Darden Restaurants to acquire Chuy's for approximately $605 million
2 months

Darden 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.com
Darden Restaurants buys Tex-Mex chain Chuy's for $605 million
2 months

Darden Restaurants said Wednesday it is buying the Tex-Mex chain Chuy's as it seeks to expand its dining options.

marketwatch.com
Darden Restaurants to Acquire Chuy's Holdings, Inc. in Approximately $605 Million Transaction
2 months

ORLANDO, 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.

prnewswire.com
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