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DRI - Darden Restaurants, ...

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Darden Restaurants, Inc.

DRI

NYSE

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.

205.13 USD

-2.86 (-1.39%)

dri Financial Statements

Year

2024

2023

2022

2021

Total Revenue

11.39B

10.49B

9.63B

7.2B

Cost of Revenue

8.98B

8.4B

7.63B

5.7B

Gross Profit

2.41B

2.08B

2B

1.49B

Operating Expenses

1.1B

892.2M

834.8M

838.2M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

623.7M

504.4M

466.4M

487.3M

Selling & Marketing Expenses

144.5M

118.3M

93.2M

91.1M

General & Administrative Expenses

479.2M

386.1M

373.2M

396.2M

Other Expenses

472.3M

387.8M

368.4M

350.9M

Operating Income

1.31B

1.2B

1.16B

648.7M

Total Other Income/Expenses Net

-138.7M

-81.3M

-68.7M

-72.2M

Income Before Tax

1.18B

1.12B

1.09B

576.5M

Income Tax

145M

137M

138.8M

-55.9M

Net Income

1.03B

981.9M

952.8M

629.3M

Basic EPS

8.57

8.06

7.46

4.83

EPS Diluted

8.51

7.99

7.39

4.77

Basic Average Shares

119.9M

121.9M

127.8M

130.4M

Diluted Average Shares

120.8M

122.9M

129M

131.8M

EBITDA

1.78B

1.59B

1.54B

993.4M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

-32.5M

-25.9M

522.3M

143.5M

Net Income

1.03B

981.9M

952.8M

629.3M

Stock Repurchases

-453.9M

-458.7M

-1.07B

-45.4M

Dividend Paid

-628.4M

-589.8M

-563M

-202.6M

Retained Earnings

-35.5M

-32.5M

-25.9M

522.3M

Other Distributions

-1.09B

-1.06B

-2.18B

130.8M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

7.61B

7.1B

6.82B

6.65B

Annual Depreciation

459.9M

387.8M

368.4M

350.9M

Capital Expenditure

-628.3M

-593.8M

-399.1M

-269.1M

Net PPE

7.78B

7.3B

6.85B

6.56B

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

353.6M

0

0

0

Goodwill (Previous Year)

1.04B

1.04B

1.04B

1.04B

Goodwill

1.39B

1.04B

1.04B

1.04B

All figures are in USD.

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