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DARDEN RESTAURANTS INC

CIK: 9409442 Annual ReportsLatest: 2025-07-18

10-K / July 18, 2025

Revenue:$12,077,000,000
Income:$1,049,600,000

10-K / July 19, 2024

Revenue:$11,390,000,000
Income:$1,027,600,000

10-K / July 18, 2025

Company Summary: Darden Restaurants, Inc.

Business Overview

  • Industry Segment: Full-service restaurant industry (dining)
  • Locations: Operates 2,159 company-owned restaurants in the U.S. and Canada; plus 154 operated by third parties under franchise or contractual agreements
  • Brands:
    • Olive Garden ®
    • LongHorn Steakhouse ®
    • Ruth’s Chris Steak House ®
    • The Capital Grille ®
    • Seasons 52 ®
    • Eddie V’s Prime Seafood ®
    • Cheddar’s Scratch Kitchen ®
    • Yard House ®
    • Bahama Breeze ®
    • The Capital Burger ®

Number of Restaurants (as of May 25, 2025)

| Brand | Owned & Operated | Franchise/Contractual | Total Restaurants | |----------------------|---------------------|------------------------|-------------------| | Olive Garden | 935 | 52 | 987 | | LongHorn Steakhouse | 591 | 20 | 611 | | Cheddar’s Scratch Kitchen | 181 | 3 | 184 | | Chuy’s | 108 | 0 | 108 | | Yard House | 88 | 0 | 88 | | Ruth’s Chris | 82 | 0 | 82 | | The Capital Grille | 71 | 0 | 71 | | Seasons 52 | 43 | 2 | 45 | | Eddie V’s | 29 | 2 | 31 | | Bahama Breeze | 28 | 16 | 44 | | The Capital Burger | 3 | 0 | 3 | | Total | 2,159 | 85 (franchisees outside US/Canada) | 2,317 |

Revenue and Income

  • Total Revenue (Fiscal Year 2025): Approximately $12.08 billion (up 6.0% from $11.39 billion in FY 2024)
  • Net Earnings (Fiscal Year 2025):
    • $1.05 billion from continuing operations
    • $8.88 diluted earnings per share from continuing operations (up 4.1% from FY 2024)
  • Net Income (including discontinued operations):
    • $1.049 billion for FY 2025
  • Number of Employees (as of fiscal year-end 2025):
    • 197,924 total team members
      • 186,993 hourly employees
  • Customer Metrics: Not explicitly provided, but the company has a large customer base served through approximately 2,159 restaurants, with hundreds of thousands of employee jobs created across its brands.

Business Focus

  • Operates primarily within the full-service dining segment with a focus on providing high-quality food, attentive service, and engaging atmospheres.
  • Leverages data-driven marketing and digital engagement to build guest loyalty.
  • Expanding through opening new restaurants with projected growth in fiscal 2026 (60-65 new openings) and strategic acquisitions.
  • Manages risks related to inflation, labor costs, supply chain disruptions, and regulatory environments.

Summary

Darden Restaurants, Inc. is a leading full-service restaurant operator with a diverse portfolio of well-known brands. It operates over 2,159 company-managed restaurants, serving millions of guests annually across North America, employing nearly 200,000 staff members, and generating over $12 billion in annual revenues. The company focuses on operational excellence, brand differentiation, and strategic growth to sustain its position in the competitive dining industry.