darden is a restaurant company featuring a portfolio of differentiated brands that include olive garden, longhorn steakhouse, cheddar's scratch kitchen, yard house, the capital grille, seasons 52, bahama breeze and eddie v's. our people equal our success, and we are proud to employ 165,000 team members in more than 1,600 restaurants. together, we create memorable experiences for 380 million guests each year in communities across north america.
Company profile
Ticker
DRI
Exchange
Website
CEO
Eugene Lee
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1.Capital Grille Holdings, Inc. • 2.Cheddar’s Casual Cafe, Inc. • 3.Cheddar’s Restaurant Holding Corp. • 4.GMRI, Inc. • 5.N and D Restaurants, LLC • 6.Olive Garden of Texas, LLC • 7.RARE Hospitality International, Inc. • 8.Yard House USA, Inc. • 9.Bahama Breeze Holdings, LLC • 10.Darden Corporation ...
IRS number
593305930
DRI stock data
Latest filings (excl ownership)
8-K
And Updates Fiscal 2024 Financial Outlook
21 Mar 24
10-Q
2024 Q2
Quarterly report
3 Jan 24
8-K
And Updates Fiscal 2024 Financial Outlook
15 Dec 23
8-K
Entry into a Material Definitive Agreement
24 Oct 23
8-K
Termination of a Material Definitive Agreement
10 Oct 23
424B2
Prospectus for primary offering
5 Oct 23
FWP
Free writing prospectus
4 Oct 23
424B5
Prospectus supplement for primary offering
4 Oct 23
10-Q
2024 Q1
Quarterly report
29 Sep 23
8-K
Submission of Matters to a Vote of Security Holders
21 Sep 23
Transcripts
DRI
Earnings call transcript
2024 Q3
21 Mar 24
DRI
Earnings call transcript
2024 Q2
15 Dec 23
DRI
Earnings call transcript
2024 Q1
21 Sep 23
DRI
Earnings call transcript
2023 Q4
22 Jun 23
DRI
Earnings call transcript
2023 Q3
23 Mar 23
DRI
Earnings call transcript
2023 Q2
16 Dec 22
DRI
Earnings call transcript
2023 Q1
23 Sep 22
DRI
Earnings call transcript
2022 Q4
23 Jun 22
DRI
Earnings call transcript
2022 Q3
24 Mar 22
DRI
Earnings call transcript
2022 Q2
17 Dec 21
Latest ownership filings
144
Notice of proposed sale of securities
27 Mar 24
4
JULIANA L CHUGG
26 Feb 24
4
TIMOTHY J WILMOTT
26 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
Capital World Investors
9 Feb 24
SC 13G/A
Capital International Investors
9 Feb 24
4
Matthew R Broad
1 Feb 24
144
Notice of proposed sale of securities
31 Jan 24
SC 13G/A
BlackRock Inc.
29 Jan 24
4
John W. Madonna
9 Jan 24
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
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Operating income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | May 23 | May 22 | May 21 | May 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 219.90 mm | 219.90 mm | 219.90 mm | 219.90 mm | 219.90 mm | 219.90 mm |
Cash burn (monthly) | 6.87 mm | 6.70 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 28.11 mm | 27.43 mm | n/a | n/a | n/a | n/a |
Cash remaining | 191.79 mm | 192.47 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 27.9 | 28.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
94.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 833 |
Opened positions | 106 |
Closed positions | 96 |
Increased positions | 261 |
Reduced positions | 292 |
13F shares | Current |
---|---|
Total value | 16.14 tn |
Total shares | 112.79 mm |
Total puts | 2.19 mm |
Total calls | 1.48 mm |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
Capital World Investors | 16.42 mm | $2.35 tn |
Vanguard | 14.08 mm | $2.02 tn |
Capital International Investors | 11.78 mm | $1.69 tn |
BLK Blackrock | 8.26 mm | $1.18 tn |
STT State Street | 4.84 mm | $693.05 bn |
Geode Capital Management | 2.60 mm | $370.89 bn |
Charles Schwab Investment Management | 2.58 mm | $369.07 bn |
Victory Capital Management | 2.29 mm | $328.01 bn |
Newport Trust | 2.08 mm | $297.37 bn |
Raymond James & Associates | 1.83 mm | $262.69 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Feb 24 | Juliana L Chugg | RSU Common Stock | Grant | Acquire A | No | No | 0 | 200 | 0.00 | 1,623 |
25 Feb 24 | Wilmott Timothy J | RSU Common Stock | Grant | Acquire A | No | No | 0 | 176 | 0.00 | 4,574 |
31 Jan 24 | Broad Matthew R | Common Stock | Sell | Dispose S | No | No | 163.1188 | 3,242 | 528.83 k | 19,140.612 |
31 Jan 24 | Broad Matthew R | Common Stock | Sell | Dispose S | No | No | 163.0288 | 2,031 | 331.11 k | 22,382.612 |
31 Jan 24 | Broad Matthew R | Common Stock | Sell | Dispose S | No | No | 163.9464 | 1,258 | 206.24 k | 24,413.612 |
31 Jan 24 | Broad Matthew R | Common Stock | Sell | Dispose S | No | No | 163.5665 | 300 | 49.07 k | 25,671.612 |
31 Jan 24 | Broad Matthew R | Common Stock | Option exercise | Acquire M | No | No | 85.83 | 4,500 | 386.24 k | 25,971.612 |
31 Jan 24 | Broad Matthew R | Stock Option Common Stock | Option exercise | Dispose M | No | No | 85.83 | 4,500 | 386.24 k | 4,707 |
8 Jan 24 | Madonna John W. | Common Stock | Sell | Dispose S | No | No | 163.799 | 3,836 | 628.33 k | 6,970.585 |
8 Jan 24 | Madonna John W. | Common Stock | Option exercise | Acquire M | No | No | 85.83 | 3,836 | 329.24 k | 10,806.585 |
News
Beyond The Numbers: 19 Analysts Discuss Darden Restaurants Stock
27 Mar 24
Truist Securities Maintains Buy on Darden Restaurants, Lowers Price Target to $185
27 Mar 24
Darden Restaurants Analysts Cut Their Forecasts After Q3 Results
22 Mar 24
Truist Securities Reiterates Buy on Darden Restaurants, Maintains $190 Price Target
22 Mar 24
Citigroup Maintains Buy on Darden Restaurants, Lowers Price Target to $192
22 Mar 24