Darden Restaurants (DRI) Sector
Consumer Discretionary

(Current) $173.93
1.43 (0.83%) Open Price: 171.29

 

Darden Restaurants, Inc. is a multi-brand restaurant company that operates and franchises a portfolio of well-known restaurant brands. The company was founded in 1968 and is headquartered in Orlando, Florida. Darden's portfolio of restaurant brands includes Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, and Bahama Breeze.

 

Darden Restaurants' primary business is the operation of its restaurant brands, which serve a variety of cuisine styles and price points. The company's restaurants are located throughout the United States and other countries, and range from casual to upscale dining experiences. Darden is committed to providing high-quality food and service to its customers, and works to create a welcoming and inclusive atmosphere in all of its restaurants.

 

In addition to its restaurant operations, Darden also has a significant focus on franchise development, with a goal of expanding its brands both domestically and internationally. The company has a rigorous franchise selection process and works closely with its franchise partners to ensure that its high standards for quality and service are maintained.

 

Darden Restaurants has a strong commitment to financial discipline and has consistently delivered strong financial results. The company has a solid balance sheet and generates significant cash flow, which it uses to invest in its business, pay dividends to shareholders, and repurchase its own stock. Darden also has a strong track record of returning value to its shareholders, with a history of increasing dividends and share buybacks.

 

As of 2021, Darden Restaurants is one of the largest restaurant companies in the world, with a market capitalization of approximately $19 billion.

 



 

(03/01/24) $171.29
(03/04/24) $172.50
(03/04/24) (Qty.)732,425
(03/01/24) $169.04
(03/01/24) $171.35
(10/08/23) $133.36
(07/16/23) $173.06
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