Darden Restaurants Inc (DRI) Files 10-K for the Fiscal Year Ended on May 31, 2019

Darden Restaurants Inc (DRI, Financial) files its latest 10-K with SEC for the fiscal year ended on May 31, 2019. 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 $15.3 billion; its shares were traded at around $124.41 with a P/E ratio of 21.83 and P/S ratio of 1.84. The dividend yield of Darden Restaurants Inc stocks is 2.51%. Darden Restaurants Inc had annual average EBITDA growth of 3.30% over the past ten years.

For the last quarter Darden Restaurants Inc reported a revenue of $2.2 billion, compared with the revenue of $2.1 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $8.5 billion, an increase of 5.3% from last 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 6.1% a year.

The reported diluted earnings per share was $5.69 for the year, an increase of 20.3% from previous year. Over the last five years Darden Restaurants Inc had an EPS growth rate of 14.4% a year. The Darden Restaurants Inc had a decent operating margin of 10.01%, compared with the operating margin of 9.53% a year before. The 10-year historical median operating margin of Darden Restaurants Inc is 9.06%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Darden Restaurants Inc has the cash and cash equivalents of $457.3 million, compared with $146.9 million in the previous year. The long term debt was $927.7 million, compared with $926.5 million in the previous year. Darden Restaurants Inc has a financial strength rank of 7 (out of 10).

At the current stock price of $124.41, Darden Restaurants Inc is traded at 68.1% premium to its historical median P/S valuation band of $74.00. The P/S ratio of the stock is 1.84, while the historical median P/S ratio is 1.09. The stock gained 13.42% during the past 12 months.

CFO Recent Trades:

  • SVP CFO Ricardo Cardenas sold 14,128 shares of DRI stock on 07/12/2019 at the average price of $124.87. The price of the stock has decreased by 0.37% since.

Directors and Officers Recent Trades:

  • EVP & COO David C George sold 69,779 shares of DRI stock on 06/24/2019 at the average price of $123.25. The price of the stock has increased by 0.94% since.

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