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Companies / Consumer Discretionary / Darden Restaurants
DRI

Darden Restaurants

Consumer DiscretionaryRestaurantsS&P 500
Ticker DRIORLANDO, FLFiscal year ends MayBook value per share $18.08Diluted shares 114.4M

Darden Restaurants, Inc. (NYSE: DRI) operates as a full-service restaurant company with a portfolio of distinctive dining brands serving guests across North America. The company maintains its corporate website at www.darden.com and employs approximately 209,931 team members across its operations. From the company’s description.

Fiscal year 2026 · ends 05-30Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-08-30
Sales & profitability
$13.21BFY2026
+9.4% year over year
Last 12 mo $13.37B
11.98%FY2026
+0.7 percentage points
Last 12 mo 11.69%
$1.21BFY2026
+15.0% year over year
Last 12 mo $1.18B
54.24%FY2026
+6.9 percentage points
Last 12 mo 57.16%
Cash & financing
$1.85BFY2026
+8.6% year over year
Last 12 mo $1.79B
$1.09BFY2026
+5.6% year over year
Last 12 mo $1.03B
1.06FY2026
Was 0.92× a year earlier
Last 12 mo 1.26
116.3MFY2026
−1.8% year over year
Last 12 mo 114.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Darden Restaurants does

In the company’s own words

Darden Restaurants, Inc. (NYSE: DRI) operates as a full-service restaurant company with a portfolio of distinctive dining brands serving guests across North America. The company maintains its corporate website at www.darden.com and employs approximately 209,931 team members across its operations.

As of May 31, 2026, Darden owned and operated 2,202 restaurants in the United States, with an additional 167 restaurants operated by franchisees and independent third parties under area development and franchise agreements. The company also manages four restaurants under contractual agreements and jointly owns one restaurant with a third party. The restaurant portfolio spans multiple dining segments and price points, including Olive Garden, the largest full-service Italian restaurant operator in the United States; LongHorn Steakhouse; Yard House; Ruth's Chris Steak House; Cheddar's Scratch Kitchen; The Capital Grille; Chuy's; Seasons 52; Eddie V's Prime Seafood; Bahama Breeze; and The Capital Burger.

Darden organizes its business into four reportable segments: Olive Garden, LongHorn Steakhouse, Fine Dining (Ruth's Chris, The Capital Grille, and Eddie V's), and Other Business (Yard House, Cheddar's Scratch Kitchen, Chuy's, Seasons 52, Bahama Breeze, The Capital Burger, and franchise operations). Total sales from continuing operations reached $13.2 billion in fiscal 2026, with alcoholic beverages representing 10.0 percent of sales.

The company traces its heritage to 1968 when GMRI, Inc. was originally incorporated as Red Lobster Inns of America. Darden became a separate publicly held company in 1995 following its distribution by General Mills. Subsequent acquisitions have expanded the portfolio, including RARE Hospitality International in 2007, Yard House in 2012, Cheddar's Scratch Kitchen in 2017, Ruth's Chris in 2023, and Chuy's in 2024.

Darden's competitive advantages center on operational excellence, brand management expertise, supply chain capabilities, talent management, and information technology infrastructure. The company sources from over 1,400 suppliers across more than 30 countries and maintains a dedicated distribution network. The business model emphasizes internal promotion, with 68 percent of restaurant manager trainees and 100 percent of new general managers or managing partners in fiscal 2026 promoted from within the organization.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Restaurants
Headquarters
ORLANDO, FL
Fiscal year end
May
CIK
940944
SIC
5812

Financial performance, year by year

Fiscal 2014–2026 · USD
$-1.39B$2.63B$6.66B$10.68B$14.71B2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Darden Restaurants — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

676
funds hold it
0 of 35
superinvestors hold it
$11.66B
held by funds, at market
50.6%
of shares held by funds
6
bond issues held by funds

Largest fund holders · Darden Restaurants’s weight in each

—of fund net assets
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%of fund net assets
0.56%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Darden Restaurants’s bonds, as funds hold them

Funds report holding 6 issues of Darden Restaurants’s debt, $261.91M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.79%, maturing 2027 to 2048.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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