Darden Restaurants Overview
- Year Founded
-
1938
- Status
-
Public
- Employees
-
187,384
- Stock Symbol
-
DRI
- Investments
-
8
- Share Price
-
$160.25
- (As of Friday Closing)
Darden Restaurants General Information
Description
Darden Restaurants is the largest restaurant operator in the us full-service space, with consolidated revenue of $11.4 billion in fiscal 2024 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2024, the company operated 2,031 restaurants in the us.
Contact Information
Website
www.darden.comCorporate Office
- 1000 Darden Center Drive
- Orlando, FL 32837
- United States
Corporate Office
- 1000 Darden Center Drive
- Orlando, FL 32837
- United States
Darden Restaurants Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $160.25 | $158.51 | $133.36 - $176.84 | $18.8B | 118M | 1.32M | $8.57 |
Darden Restaurants Financials Summary
|
In Thousands, USD |
TTM 31-May-2024 | FY 2024 31-May-2024 | FY 2023 31-May-2023 | FY 2022 31-May-2022 |
|---|---|---|---|---|
| EV | 23,012,392 | 23,012,392 | 23,513,837 | 19,785,092 |
| Revenue | 11,390,000 | 11,390,000 | 10,487,800 | 9,630,000 |
| EBITDA | 1,774,100 | 1,774,100 | 1,589,600 | 1,530,600 |
| Net Income | 1,027,600 | 1,027,600 | 981,900 | 952,800 |
| Total Assets | 11,323,000 | 11,323,000 | 10,241,500 | 10,135,800 |
| Total Debt | 5,427,800 | 5,427,800 | 4,793,900 | 4,887,300 |
Darden Restaurants Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Darden Restaurants Comparisons
Industry
Financing
Details
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Darden Restaurants Competitors (15)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wingstop Restaurants | Formerly PE-Backed | Addison, TX | 0000 | 00000 | 000000000 | 00000 |
| Denny's | Formerly PE-Backed | Spartanburg, SC | 0000 | 00.000 | 00000000 | 00.000 |
| Pollo Operations | Private Equity-Backed | Addison, TX | 0000 | 0000 | 000000000000 | 0000 |
| Brinker International | Corporation | Dallas, TX | 00000 | 00.000 | 000000000 | 00.000 |
| The Wendy's Company | Corporate Backed or Acquired | Dublin, OH | 00000 | 00.000 | 000000000000 |
Darden Restaurants Patents
Darden Restaurants Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20060080228-A1 | Home equity protection contracts and method for trading them | Inactive | 09-Sep-2004 | 000000000 | 00 |
| US-20070156563-A1 | Real estate derivative securities and method for trading them | Inactive | 09-Sep-2003 | 000000000 | 00 |
Darden Restaurants Executive Team (15)
| Name | Title | Board Seat |
|---|---|---|
| Ricardo Cardenas | President, Chief Executive Officer & Board Member | |
| M. Martin | President | |
| Daniel Kiernan | President, Subsidiary | |
| David George | Corporate Executive | |
| John Madonna | Chief Accounting Officer, Controller & Senior Vice President |
Darden Restaurants Board Members (15)
| Name | Representing | Role | Since |
|---|---|---|---|
| 0000000 00000000 | Self | Board Member | 000 0000 |
| 0000000 0000000 | Self | Chairman & Board Member | 000 0000 |
| 00000 0000000 | Self | Board Member | 000 0000 |
| 0000000 00000 | Self | Board Member | 000 0000 |
| 00000000 000000 | Self | Board Member | 000 0000 |
Darden Restaurants Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Darden Restaurants Investments & Acquisitions (8)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Chuy's Holdings | 17-Jul-2024 | 0000000000 | 00000 | Restaurants and Bars | 0000000 0 |
| Ruth's Hospitality Group | 14-Jun-2023 | 0000000000 | 00000 | Restaurants and Bars | 0000000 0 |
| Cheddar's | 24-Apr-2017 | 0000000000 | 00000 | Restaurants and Bars | 000000 00 |
| Yard House Restaurants | 29-Aug-2012 | 0000000000 | 00000 | Restaurants and Bars | |
| Eddie V's Restaurants | 06-Dec-2011 | Merger/Acquisition | 000.00 | Restaurants and Bars | 00000000 |
Darden Restaurants Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Eddie V's Restaurants | Restaurants and Bars | Scottsdale, AZ | 2000 |
| Olive Garden | Restaurants and Bars | Orlando, FL | 0000 |
| Cheddar's | Restaurants and Bars | Irving, TX | 0000 |
| Darden Savings Plan | Corporate Pension | Orlando, FL | 0000 |
| Ruth's Hospitality Group | Restaurants and Bars | Winter Park, FL | 0000 |
Darden Restaurants ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
27.46 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
00.00
Management
Management is related to actions taken to manage ESG issues
00.00
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
00 of 16,009
Rank
Percentile
Consumer Services
Industry
00 of 507
Rank
Percentile
Restaurants
Subindustry
00 of 146
Rank
Percentile
Darden Restaurants Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Red Lobster Hospitality | 01-Jan-1995 | 000000000000 | Completed |
|
Darden Restaurants FAQs
-
When was Darden Restaurants founded?
Darden Restaurants was founded in 1938.
-
Who is the CEO of Darden Restaurants?
Ricardo Cardenas is the CEO of Darden Restaurants.
-
Where is Darden Restaurants headquartered?
Darden Restaurants is headquartered in Orlando, FL.
-
What is the size of Darden Restaurants?
Darden Restaurants has 187,384 total employees.
-
What industry is Darden Restaurants in?
Darden Restaurants’s primary industry is Restaurants and Bars.
-
Is Darden Restaurants a private or public company?
Darden Restaurants is a Public company.
-
What is Darden Restaurants’s stock symbol?
The ticker symbol for Darden Restaurants is DRI.
-
What is the current stock price of Darden Restaurants?
As of 13-Sep-2024 the stock price of Darden Restaurants is $160.25.
-
What is the current market cap of Darden Restaurants?
The current market capitalization of Darden Restaurants is $18.8B.
-
What is Darden Restaurants’s current revenue?
The trailing twelve month revenue for Darden Restaurants is $11.4B.
-
Who are Darden Restaurants’s competitors?
Wingstop Restaurants, Denny's, Pollo Operations, Brinker International, and The Wendy's Company are some of the 15 competitors of Darden Restaurants.
-
What is Darden Restaurants’s annual earnings per share (EPS)?
Darden Restaurants’s EPS for 12 months was $8.57.
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