Company Information

  

Address: 1000 DARDEN CENTER DRIVE  
City: ORLANDO 
State: FL 
Zip Code: 32837 
Telephone: 407-245-4000 

Description of Business

Primary SIC Code: 5812
(As filed with the SEC)  

Darden Restaurants, Inc. is a full-service restaurant company, and as of May 28, 2017, we owned and operated 1,695 restaurants through subsidiaries in the United States and Canada under the Olive Garden®, LongHorn Steakhouse®, Cheddar's Scratch Kitchen®, The Capital Grille®, Yard House®, Seasons 52®, Bahama Breeze®, and Eddie V's Prime Seafood® and Wildfish Seafood Grille® (collectively, Eddie V's) trademarks. We served over 334 million meals in fiscal 2017. As of May 28, 2017, we also had 78 restaurants operated by independent third parties pursuant to area development and franchise agreements. The following table details the number of Darden owned and operated restaurants, as well as those operated under franchise agreements, as of May 28, 2017.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
08/20173.900.63021.05
05/20173.830.63023.22
02/20173.930.56019.00
11/20163.440.56021.31
08/20163.030.56020.34
05/20162.780.56024.40
02/20162.600.50024.57
11/20152.760.50020.35

Key Financial Ratios and Statistics

FYE: 05/28

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.30Total Liab/Total Assets0.62
Net Inc/Total Assets0.09Total Liab/Inv Cap0.81
Net Inc/Inv Cap0.11Total Liab/Comm Equity2.12
Pretax Inc/Net Sales0.09Interest Coverage RatioNA
Net Inc/Net Sales0.07Curr Debt/EquityNA
Cash Flow/Net Sales0.13LTD/Equity0.45
SG&A/NetSales0.09Total Debt/Equity0.45
Asset Utilization   Liquidity  
Net Receivables Turnover27.85Quick Ratio0.48
Inventory Turnover31.62Current Ratio0.62
Inventory Day Sales0.09Net Rec/Curr Assets0.36
Net Sales/Work Cap-14.65Inv/Curr Assets0.22
Net Sales/PP&E3.16  

Income Statement (Millions)

  8/27/2017 5/28/2017 2/26/2017 11/27/2016
Total Revenues(Net Sales) 1,936.10 1,934.60 1,878.70 1,642.50
Cost of Goods Sold 1,522.30 1,496.40 1,440.20 1,321.50
Selling & Admin Exps 164.00 197.60 141.80 136.60
Operating Income 174.50 170.20 229.50 116.50
Interest Exp NA NA NA NA
Pretax Income 159.50 158.70 220.20 107.00
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 119.00 123.80 165.60 79.50

Balance Sheet (Millions)

Assets 8/27/2017 5/28/2017 2/26/2017 11/27/2016
Cash & Short Term Investments 146.80 233.10 391.40 116.80
Receivables - Total 57.60 287.70 226.30 242.90
Inventories - Total 176.30 178.90 168.00 183.60
Total Current Assets 483.00 799.80 884.90 683.40
Net Property, Plant & Equipment 2,318.80 2,272.30 2,069.10 2,056.90
Total Assets 5,223.50 5,504.20 4,679.80 4,461.90
Liabilities        
Accounts Payable 454.10 454.70 395.00 407.50
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 1,258.30 1,289.20 1,232.10 1,151.30
Long-Term Debt 936.60 936.60 440.70 440.50
Total Liabilities 3,164.80 3,402.50 2,707.00 2,608.50
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA 0.00 NA NA
Common Stock 1,619.80 1,614.60 1,547.00 1,522.90
Retained Earnings 515.00 560.10 520.00 424.40
Treasury Stock -7.80 -7.80 -7.80 -7.80
Total Stockholders' Equity 2,058.70 2,101.70 1,972.80 1,853.40
Total Liabilities and Stockholders' Equity 5,223.50 5,504.20 4,679.80 4,461.90

Cash Flow Summary (Millions)

Categories 8/27/2017 5/28/2017 2/26/2017 11/27/2016
Net Cash Provided by Operating Activities 179.40 215.00 408.90 121.20
Net Cash Provided by Investing Activities -96.70 -849.40 -81.50 -77.60
Net Cash Provided by Financing Activities -164.40 480.60 -50.20 -38.10

Annual Summary Data (Millions)

Year Sales Net Income EPS
05/20135,921.00411.902.82
05/20146,285.60286.201.24
05/20156,764.00709.501.36
05/20166,933.50375.002.78
05/20177,170.20479.103.83
Growth Rates4.903.857.95

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17636113,52991.80




Report Date : 10/23/2017

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