Darden Restaurants Inc (DRI) Files 10-K for the Fiscal Year Ended on May 31, 2020

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Jul 25, 2020
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Darden Restaurants Inc (DRI, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on May 31, 2020. Darden Restaurants Inc is engaged in the food & beverage industry. Its primary occupation involves the operation of dining restaurants under trade names such as Olive Garden, LongHorn Steakhouse and Bahama Breeze. Darden Restaurants Inc has a market cap of $10.21 billion; its shares were traded at around $78.64 with and P/S ratio of 1.25. The dividend yield of Darden Restaurants Inc stocks is 3.36%. Darden Restaurants Inc had annual average EBITDA growth of 3.20% over the past ten years. GuruFocus has detected 3 severe warning signs with Darden Restaurants Inc. .

For the last quarter Darden Restaurants Inc reported a revenue of $1.3 billion, compared with the revenue of $2.2 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $7.8 billion, a decrease of 8.3% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Darden Restaurants Inc had an average revenue growth rate of 4.2% a year.

The reported loss per diluted share was 43 cents for the year, compared with the earnings per share of $4.73 in the previous year. The Darden Restaurants Inc had an operating margin of 5.61%, compared with the operating margin of 10.01% a year before. The 10-year historical median operating margin of Darden Restaurants Inc is 8.83%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Darden Restaurants Inc has the cash and cash equivalents of $763.3 million, compared with $457.3 million in the previous year. The long term debt was $5.2 billion, compared with $927.7 million in the previous year. Darden Restaurants Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $78.64, Darden Restaurants Inc is traded at close to its historical median P/S valuation band of $73.48. The P/S ratio of the stock is 1.25, while the historical median P/S ratio is 1.14. The stock lost 35.29% during the past 12 months.

For the complete 20-year historical financial data of DRI, click here.