Darden Restaurants Inc (DRI) Files 10-K for the Fiscal Year Ended on May 31, 2018

Darden Restaurants Inc (DRI, Financial) files its latest 10-K with SEC for the fiscal year ended on May 31, 2018. 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 $13.67 billion; its shares were traded at around $110.46 with a P/E ratio of 23.40 and P/S ratio of 1.73. The dividend yield of Darden Restaurants Inc stocks is 2.37%. Darden Restaurants Inc had annual average EBITDA growth of 1.80% over the past ten years.

For the last quarter Darden Restaurants Inc reported a revenue of $2.1 billion, compared with the revenue of $1.9 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $8.1 billion, an increase of 12.7% from last year. For the last five years Darden Restaurants Inc had an average revenue growth rate of 5.8% a year.

The reported diluted earnings per share was $4.73 for the year, an increase of 24.5% from previous year. Over the last five years Darden Restaurants Inc had an EPS growth rate of 9.4% a year. The Darden Restaurants Inc had an operating margin of 9.53%, compared with the operating margin of 9.33% a year before. The 10-year historical median operating margin of Darden Restaurants Inc is 8.91%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Darden Restaurants Inc has the cash and cash equivalents of $146.9 million, compared with $233.1 million in the previous year. The long term debt was $926.5 million, compared with $936.6 million in the previous year. Darden Restaurants Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $110.46, Darden Restaurants Inc is traded at 72.2% premium to its historical median P/S valuation band of $64.14. The P/S ratio of the stock is 1.73, while the historical median P/S ratio is 1.00. The stock gained 27.36% during the past 12 months.

CEO Recent Trades:

  • President and CEO Eugene I Jr Lee sold 60,973 shares of DRI stock on 06/27/2018 at the average price of $107.34. The price of the stock has increased by 2.91% since.

CFO Recent Trades:

  • SVP CFO Ricardo Cardenas sold 10,666 shares of DRI stock on 06/25/2018 at the average price of $108.86. The price of the stock has increased by 1.47% since.

Directors and Officers Recent Trades:

  • Director William S Simon sold 2,418 shares of DRI stock on 07/13/2018 at the average price of $112.09. The price of the stock has decreased by 1.45% since.
  • EVP & COO David C George sold 60,970 shares of DRI stock on 06/28/2018 at the average price of $106.99. The price of the stock has increased by 3.24% since.
  • EVP & COO David C George sold 38,323 shares of DRI stock on 06/26/2018 at the average price of $108.19. The price of the stock has increased by 2.1% since.
  • SVP, Corporate Controller John W. Madonna sold 700 shares of DRI stock on 06/25/2018 at the average price of $109.21. The price of the stock has increased by 1.14% since.
  • President, Olive Garden Daniel J. Kiernan sold 6,000 shares of DRI stock on 06/25/2018 at the average price of $107.38. The price of the stock has increased by 2.87% since.

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