• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G/A filed by Darden Restaurants Inc. (Amendment)

    2/9/23 11:16:32 AM ET
    $DRI
    Restaurants
    Consumer Discretionary
    Get the next $DRI alert in real time by email
    SC 13G/A 1 tv0708-dardenrestaurantsinc.htm SCHEDULE 13G/A dardenrestaurantsinc

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G

    Under the Securities Exchange Act of 1934
    (Amendment No.: 13)*

    Name of issuer:  Darden Restaurants Inc.

    Title of Class of Securities:  Common Stock

    CUSIP Number:  237194105

    Date of Event Which Requires Filing of this Statement: December 30, 2022

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☒ Rule 13d-1(b)

    ☐ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

    (Continued on the following page(s))

     

     

    13G

    CUSIP No.:  237194105

    1.  NAME OF REPORTING PERSON
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    The Vanguard Group - 23-1945930

    2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP

    A. 

    B.  X

    3.  SEC USE ONLY

    4.  CITIZENSHIP OF PLACE OF ORGANIZATION

    Pennsylvania

    (For questions 5-8, report the number of shares beneficially owned by each reporting person with:)

    5.  SOLE VOTING POWER

    0

    6.  SHARED VOTING POWER

    171,334

    7.  SOLE DISPOSITIVE POWER

    13,752,275

    8.  SHARED DISPOSITIVE POWER

    508,224

    9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    14,260,499

    10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

    N/A

    11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    11.65%

    12.  TYPE OF REPORTING PERSON

    IA

     

     

    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    Schedule 13G
    Under the Securities Act of 1934

    Item 1(a) - Name of Issuer:

    Darden Restaurants Inc.

    Item 1(b) - Address of Issuer's Principal Executive Offices:

    1000 Darden Center Drive
    Orlando, FL 32837-4032

    Item 2(a) - Name of Person Filing:

    The Vanguard Group - 23-1945930

    Item 2(b) – Address of Principal Business Office or, if none, residence:

    100 Vanguard Blvd.
    Malvern, PA 19355

    Item 2(c) – Citizenship:

    Pennsylvania

    Item 2(d) - Title of Class of Securities:

    Common Stock

    Item 2(e) - CUSIP Number

    237194105

    Item 3 - Type of Filing:

    This statement is being filed pursuant to Rule 13d-1.  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

    Item 4 - Ownership:

      (a) Amount Beneficially Owned:

      (b) Percent of Class:

     

     

    (c)  Number of shares as to which such person has:

    (i)  sole power to vote or direct to vote:  

    (ii)  shared power to vote or direct to vote:  

    (iii)  sole power to dispose of or to direct the disposition of:  

    (iv)  shared power to dispose or to direct the disposition of:  

    Comments:

    The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4.  

    Item 5 - Ownership of Five Percent or Less of a Class:

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☐

    Item 6 - Ownership of More Than Five Percent on Behalf of Another Person:

    The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.

    No one other person's interest in the securities reported herein is more than 5%.

    Item 7 - Identification and Classification of the Subsidiary Which Acquired The Security Being Reported on by the Parent Holding Company:

    Not applicable

    Item 8 - Identification and Classification of Members of Group:

    Not applicable

    Item 9 - Notice of Dissolution of Group:

    Not applicable

    Item 10 - Certification:

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

    Signature

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Date:  February 9, 2023

    By /s/ Ashley Grim
    Name: Ashley Grim
    Title:  Head of Global Fund Administration

    Get the next $DRI alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $DRI

    DatePrice TargetRatingAnalyst
    1/22/2025$180.00 → $215.00Mkt Perform → Outperform
    Bernstein
    12/5/2024$183.00Neutral
    Goldman
    9/20/2024$165.00 → $205.00In-line → Outperform
    Evercore ISI
    9/20/2024$190.00 → $180.00Outperform → Mkt Perform
    Bernstein
    7/23/2024$170.00 → $150.00Buy → Hold
    TD Cowen
    7/11/2024$154.00 → $124.00Hold → Underperform
    Jefferies
    5/17/2024$175.00Neutral → Buy
    BTIG Research
    4/12/2024$170.00Equal-Weight
    Stephens
    More analyst ratings

    $DRI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Darden and Uber Continue Partnership with On-Demand Delivery Pilot at Cheddar's Scratch Kitchen

      Cheddar's is the next Darden brand to test first-party delivery following the successful rollout at Olive Garden ORLANDO, Fla. and SAN FRANCISCO, March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) and Uber Technologies, Inc. (NYSE:UBER) announced today that Cheddar's Scratch Kitchen is the next Darden brand to pilot on-demand delivery. Cheddar's is currently conducting the pilot in 10 restaurants, enabling guests to order delivery directly through the Cheddar's website and app, while Uber Direct will handle deliveries through Uber's national delivery network. Following the completion of a successful pilot, Cheddar's plans to deploy it more broadly across their system. "We h

      3/20/25 9:00:00 AM ET
      $DRI
      $UBER
      Restaurants
      Consumer Discretionary
      Business Services
    • Darden Restaurants Reports Fiscal 2025 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook

      ORLANDO, Fla., March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 23, 2025. Third Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 6.2% to $3.2 billion, driven by a blended same-restaurant sales* increase of 0.7% and sales from the acquisition of 103 Chuy's restaurants and 40 net new restaurantsSame-restaurant sales:Consolidated Darden* 0.7 % Olive Garden 0.6 % LongHorn Steakhouse 2.6 % Fine Dining (0.8) % Other Business* (0.4) % Reported diluted net earnings per share from continuing operations were $2.74Excluding $0.06 of Chuy's transaction and

      3/20/25 7:00:00 AM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • Authentic Restaurant Brands Adds Tavern in the Square As its Latest Fortress Regional Brand; Appoints Veteran Leadership Team to Supercharge Platform's Growth

      ARB's Portfolio of Regional Restaurant Brands Reaches $1 Billion in Annual Revenue Alex Macedo named Chief Executive Officer; Jon Howie named Chief Financial Officer Authentic Restaurant Brands ("ARB"), a platform of leading regional restaurant brands and portfolio company of Garnett Station Partners, LLC ("Garnett Station" or "GSP"), today announced that Tavern in the Square ("Tavern"), the iconic New England polished-casual dining brand, has joined ARB through the recapitalization of its parent company, Broadway Hospitality Group ("BHG"). The transaction, ARB's fifth in five years, grows the ARB platform to approximately $1 billion in annual revenue and over $150 million in EBITDA.

      3/3/25 8:00:00 AM ET
      $DRI
      $EAT
      Restaurants
      Consumer Discretionary

    $DRI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Sonsteby Charles M sold $1,637,467 worth of shares (8,005 units at $204.56), decreasing direct ownership by 27% to 21,943 units (SEC Form 4)

      4 - DARDEN RESTAURANTS INC (0000940944) (Issuer)

      4/1/25 12:53:18 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • President, LongHorn Steakhouse Williamson Laura B sold $736,421 worth of shares (3,552 units at $207.33) and exercised 3,552 shares at a strike of $107.05 (SEC Form 4)

      4 - DARDEN RESTAURANTS INC (0000940944) (Issuer)

      3/28/25 2:47:08 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • President, SRG Martin Melvin John exercised 5,091 shares at a strike of $124.24 and sold $1,062,431 worth of shares (5,091 units at $208.69), increasing direct ownership by 0.00% to 12,655 units (SEC Form 4)

      4 - DARDEN RESTAURANTS INC (0000940944) (Issuer)

      3/27/25 5:15:01 PM ET
      $DRI
      Restaurants
      Consumer Discretionary

    $DRI
    SEC Filings

    See more
    • SEC Form 10-Q filed by Darden Restaurants Inc.

      10-Q - DARDEN RESTAURANTS INC (0000940944) (Filer)

      4/1/25 4:09:11 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • SEC Form 144 filed by Darden Restaurants Inc.

      144 - DARDEN RESTAURANTS INC (0000940944) (Subject)

      3/24/25 4:32:30 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • Darden Restaurants Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - DARDEN RESTAURANTS INC (0000940944) (Filer)

      3/20/25 7:04:06 AM ET
      $DRI
      Restaurants
      Consumer Discretionary

    $DRI
    Financials

    Live finance-specific insights

    See more
    • Darden Restaurants Reports Fiscal 2025 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook

      ORLANDO, Fla., March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 23, 2025. Third Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 6.2% to $3.2 billion, driven by a blended same-restaurant sales* increase of 0.7% and sales from the acquisition of 103 Chuy's restaurants and 40 net new restaurantsSame-restaurant sales:Consolidated Darden* 0.7 % Olive Garden 0.6 % LongHorn Steakhouse 2.6 % Fine Dining (0.8) % Other Business* (0.4) % Reported diluted net earnings per share from continuing operations were $2.74Excluding $0.06 of Chuy's transaction and

      3/20/25 7:00:00 AM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • Darden Restaurants to Host Fiscal 2025 Third Quarter Conference Call on March 20

      ORLANDO, Fla., Feb. 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2025 third quarter financial results before the market opens on Thursday, March 20, 2025, with a conference call to follow at 8:30 am ET. Rick Cardenas, CEO, and other senior management will discuss third quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Restaurants, Inc. Fiscal 2025 Third Quarter Earnings Conference Call When: 8:30 am ET, Thursday, March 20, 2025 Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=guS5xmCU How: Live over the

      2/20/25 4:15:00 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • Darden Restaurants Reports Fiscal 2025 Second Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook

      ORLANDO, Fla., Dec. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the second quarter ended November 24, 2024. Second Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 6.0% to $2.9 billion, driven by a blended same-restaurant sales* increase of 2.4% and sales from the addition of 103 Chuy's restaurants and 39 net new restaurantsSame-restaurant sales:Consolidated Darden* 2.4 % Olive Garden 2.0 % LongHorn Steakhouse 7.5 % Fine Dining** (5.8) % Other Business* 0.7 % Reported diluted net earnings per share from continuing operations were $1.82Excluding $0.21 of Chuy's transaction and i

      12/19/24 7:00:00 AM ET
      $DRI
      Restaurants
      Consumer Discretionary

    $DRI
    Leadership Updates

    Live Leadership Updates

    See more

    $DRI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Authentic Restaurant Brands Adds Tavern in the Square As its Latest Fortress Regional Brand; Appoints Veteran Leadership Team to Supercharge Platform's Growth

      ARB's Portfolio of Regional Restaurant Brands Reaches $1 Billion in Annual Revenue Alex Macedo named Chief Executive Officer; Jon Howie named Chief Financial Officer Authentic Restaurant Brands ("ARB"), a platform of leading regional restaurant brands and portfolio company of Garnett Station Partners, LLC ("Garnett Station" or "GSP"), today announced that Tavern in the Square ("Tavern"), the iconic New England polished-casual dining brand, has joined ARB through the recapitalization of its parent company, Broadway Hospitality Group ("BHG"). The transaction, ARB's fifth in five years, grows the ARB platform to approximately $1 billion in annual revenue and over $150 million in EBITDA.

      3/3/25 8:00:00 AM ET
      $DRI
      $EAT
      Restaurants
      Consumer Discretionary
    • DocuSign Set to Join S&P MidCap 400 and MDU Resources Group to Join S&P SmallCap 600

      NEW YORK, Oct. 7, 2024 /PRNewswire/ -- DocuSign Inc. (NASD:DOCU) will replace MDU Resources Group Inc. (NYSE:MDU) in the S&P MidCap 400, and MDU Resources Group will replace Chuy's Holdings Inc. (NASD:CHUY) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, October 11. S&P 500 constituent Darden Restaurants Inc. (NYSE:DRI) is acquiring Chuy's Holdings in a deal expected to be completed soon, pending final closing conditions. MDU Resources announced its intention to spin-off a company later this month. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ti

      10/7/24 6:06:00 PM ET
      $CHUY
      $DOCU
      $DRI
      $MDU
      Restaurants
      Consumer Discretionary
      Computer Software: Prepackaged Software
      Technology
    • Pitney Bowes Announces Continued Refreshment of its Board of Directors

      Chair Mary J. Guilfoile, Who Has Served With Distinction, to Step Down Following the 2024 Annual Meeting William S. Simon and Jill Sutton, Who Collectively Possess Experience in Capital Allocation, Corporate Governance and Transformations, Have Been Added to the Board Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a global shipping and mailing company that provides technology, logistics and financial services, today announced that Mary J. Guilfoile will step down as Chair and retire from the Board of Directors (the "Board") following the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board will elect a new Chair following Ms. Guilfoile's retirement. Add

      1/31/24 5:38:00 PM ET
      $DEO
      $DRI
      $EAT
      $GM
      Beverages (Production/Distribution)
      Consumer Staples
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Darden Restaurants Inc. (Amendment)

      SC 13G/A - DARDEN RESTAURANTS INC (0000940944) (Subject)

      2/9/24 6:19:03 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Darden Restaurants Inc. (Amendment)

      SC 13G/A - DARDEN RESTAURANTS INC (0000940944) (Subject)

      2/9/24 6:05:54 PM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Darden Restaurants Inc. (Amendment)

      SC 13G/A - DARDEN RESTAURANTS INC (0000940944) (Subject)

      2/13/23 3:54:29 PM ET
      $DRI
      Restaurants
      Consumer Discretionary

    $DRI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Darden Restaurants upgraded by Bernstein with a new price target

      Bernstein upgraded Darden Restaurants from Mkt Perform to Outperform and set a new price target of $215.00 from $180.00 previously

      1/22/25 7:35:26 AM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • Goldman initiated coverage on Darden Restaurants with a new price target

      Goldman initiated coverage of Darden Restaurants with a rating of Neutral and set a new price target of $183.00

      12/5/24 7:40:21 AM ET
      $DRI
      Restaurants
      Consumer Discretionary
    • Darden Restaurants upgraded by Evercore ISI with a new price target

      Evercore ISI upgraded Darden Restaurants from In-line to Outperform and set a new price target of $205.00 from $165.00 previously

      9/20/24 7:42:26 AM ET
      $DRI
      Restaurants
      Consumer Discretionary