Darden Restaurants Inc (NYSE: DRI)

DRI 145.48
0.17 (0.1%)

Date: Fri, Dec 2, 2022 Open: 143.97 High: 146.25 Low: 143.09

TR N
10 x 145.48 = 1454.8
x $145.48 =

DRI Profile

Darden Restaurants is the largest restaurant operator in the U.S. casual and fine dining markets, with consolidated revenue of $7.2 billion in fiscal 2021 resulting in 3.8% market share (per Euromonitor data and our calculations). The company maintains a portfolio of eight restaurant chains: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Eddie V's, and Bahama Breeze. Darden generates revenue almost exclusively from company-owned restaurants, though a network of 64 franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of Darden's fiscal 2022 second quarter, the company owned 1,852 restaurants in the U.S.

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