DRI at a glance
Darden Restaurants (DRI, SEC CIK 940944) filed its latest 10-K annual report on July 24, 2026, a 10-Q quarterly report on October 2, 2026, an 8-K current report on September 24, 2026 and Form 4 insider filings as recently as September 29, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended May 31, 2026 (FY2026), Darden Restaurants (DRI) reported revenue of $13.2 billion (up 9.4% from FY2025) and net income of $1.2 billion. Diluted EPS was $10.38.
- As of June 30, 2026, 44 institutional investment managers tracked by SignalX reported holding Darden Restaurants (DRI) shares worth $10.4 billion in 13F-HR filings.
- In the last 90 days, DRI insiders reported 0 open-market purchases ($0) and 12 open-market sales ($13.5M) on Form 4, a net sale of $13.5M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2026
- $13.2B
- +9.4% vs prior year
- Insiders · 90 days
- 0 buys · 12 sells
- Net −$13.5M
- 13F holders
- 44 funds
- $10.4B · −1 vs prior quarter
- Latest 8-K
- Sep 24, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended May 31, 2026
Risk Factors
- Regulatory risk: compliance with evolving federal, state, and local labor laws including minimum wage increases and employment regulations impacting labor costs
- Macroeconomic threat: inflationary conditions in fiscal 2026 raising costs of commodities (beef, poultry, seafood), labor, and utilities, pressuring operating margins
- Supply chain vulnerability: reliance on limited suppliers, risk of shortages or delays from weather, animal disease outbreaks, trade disputes, affecting product availability and costs
- Competitive risk: rising competition from restaurant chains, grocery prepared foods, and delivery aggregators increasing pressure on pricing, guest traffic, and marketing effectiveness
- Financial risk: long-term lease obligations on 2,104 of 2,202 U.S. restaurants, exposing company to fixed costs on closed or underperforming locations
Business Overview
- Core business: Largest U.S. full-service restaurant company operating 2,202 owned restaurants across 11 brands primarily in the U.S. market
- Strategic shift: Closed ~50% of Bahama Breeze restaurants; converting remainder to other Darden brands over 12–18 months starting FY 2026
- Expansion: Added 43 net new U.S. restaurants in FY 2026; projected 75-80 openings in FY 2027 across major brands with $4.3M-$10.2M capital investment per unit
- Notable metric: Workforce of 209,931 team members, with 67% employee turnover rate; one of the lowest in the restaurant industry
- Unique fact: Sold eight Olive Garden Canada restaurants in FY 2026 to Recipe Unlimited but retained brand royalties via franchise agreement
Management Discussion & Analysis
- Revenue $13.21B in fiscal 2026, up 9.4% YoY from $12.08B; driven by extra week, 4.5% same-restaurant sales growth, 43 net new restaurants
- Operating margin 12.0% in fiscal 2026 vs 11.3% in 2025; net earnings $1.21B, up 15.5%; diluted EPS $10.44 vs $8.88, up 17.6%
- Best performing segment: Olive Garden sales $5.59B, 7.3% growth, margin 22.5% vs 22.3%; Worst: Fine Dining margin 17.7% vs 18.6%, 90bps decline
- Operating cash flow $1.85B, capex $734M; dividends paid $693M ($6.00/share); share repurchases $671.7M; financing included $194M commercial paper proceeds
- Fiscal 2027 sales guidance $13.60B-$13.75B, same-restaurant sales growth 2.5%-3.5%; capex guidance approx. $875M; ongoing Bahama Breeze brand closures/conversions
AI summary of the DRI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Aug 30, 2026
Risk Factors
- No material changes; 10-K risk factors remain applicable
- Operating risk from restaurant labor availability and wage pressures
- Regulatory risk from food safety, health, and employment-law compliance
- Market risk from changing consumer spending and restaurant competition
- Financial risk from inflation affecting food, labor, and operating costs
Management Discussion & Analysis
- Revenue $3.20B, up 5.1% YoY from $3.04B, driven by 53 net new restaurants and 3.1% same-restaurant sales growth
- Earnings from continuing operations $234.3M, down 9.2%; margin 7.3% vs 8.5% YoY
- Best segment LongHorn: sales $860.9M, up 10.9%; margin 18.0% vs 17.4%
- Worst margin segment Fine Dining: 13.0% vs 13.5%; sales $304.2M, up 6.2%
- Operating cash flow $279.0M vs $342.5M; capital expenditures $175.3M and share repurchases $220.8M
- Fiscal 2027 outlook: sales $13.60B–$13.75B; same-restaurant growth 2.5%–3.5%; cost pressures from commodities, labor, healthcare, and utilities
AI summary of the DRI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Fiscal 2027 first-quarter results released September 24, 2026
- Quarterly dividend declared, supporting shareholder returns
Item EX-99.1: Item EX-99.1
- Q1 FY2027 sales rose 5.1% to $3.2 billion, with comparable same-restaurant sales up 3.2%
- LongHorn led comparable sales growth at 6.8%, while Olive Garden increased 1.0%
Item 5.07: Submission of Matters to a Vote of Security Holders
- All 9 director nominees elected, with support ranging from 87,870,732 to 91,358,338 votes
- Executive compensation plan approved: 83,666,042 for versus 8,332,392 against
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Shareholder nomination coalition limit increased from 10 to 20 holders, lowering coordination barriers for director challenges
- Director nomination procedures updated for SEC Rule 14a-19 universal proxy requirements
Item 2.02: Results of Operations and Financial Condition
- Fiscal 2026 fourth-quarter and full-year results released June 25, 2026
- Quarterly dividend increased, supporting shareholder returns
Item EX-99.1: Item EX-99.1
- Q4 sales rose 13.7% to $3.72B, with 4.6% same-restaurant growth and 43 net new restaurants
- Adjusted diluted EPS increased 22.8% to $3.66; LongHorn led comparable sales growth at 9.5%
AI summaries of DRI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for DRI
Don't miss the next DRI filing
- Alerts as it files. A push when DRI files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut DRI, by share count.
- Ask anything. An AI agent that reads every DRI filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Madonna John W. | G | Sep 29, 2026 | 75 | - |
| Madonna John W. | G | Sep 28, 2026 | 510 | - |
| SONSTEBY CHARLES M | A | Sep 23, 2026 | 936 | - |
| ATKINS M SHAN | A | Sep 23, 2026 | 936 | - |
| WILMOTT TIMOTHY J | A | Sep 23, 2026 | 936 | - |
| FOGARTY JAMES P | A | Sep 23, 2026 | 936 | - |
| CHUGG JULIANA L | A | Sep 23, 2026 | 936 | - |
| Simon William S | A | Sep 23, 2026 | 936 | - |
Financial SummaryXBRL
| Metric | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $12.1B | $13.2B |
| Gross Profit | - | $2.5B | $2.7B |
| Operating Income | - | $1.4B | $1.6B |
| Net Income | - | $1.0B | $1.2B |
| Gross Margin | - | 20.5% | 20.3% |
| Op. Margin | - | 11.3% | 12.0% |
| Net Margin | - | 8.7% | 9.1% |
| Balance Sheet | |||
| Total Assets | $11.3B | $12.6B | $12.9B |
| Equity | - | $2.3B | $2.2B |
| ROE | - | 45.4% | 54.7% |
| Per Share | |||
| EPS | - | $8.86 | $10.38 |
| Cash Flow | |||
| Operating CF | - | $1.7B | $1.9B |
| CapEx | $601.2M | $644.6M | $734.0M |
Source: XBRL data in Darden Restaurants (DRI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate DRI share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 44 | $10.39B |
| Q1 2026 | 45 | $9.76B |
| Q4 2025 | 41 | $8.99B |
| Q3 2025 | 43 | $9.74B |
| Q2 2025 | 44 | $10.66B |
| Q1 2025 | 40 | $7.98B |
| Q4 2024 | 36 | $5.92B |
| Q3 2024 | 31 | $2.44B |
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Source: 13F-HR filings on SEC EDGAR (aggregated from 324 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
DRI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 10-Q | Oct 2, 2026 | Aug 30, 2026 | Analysis | |
| 4 | Sep 29, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 4 | Sep 25, 2026 | - | - | - |
| 8-K | Sep 24, 2026 | - | Analysis | - |
| 8-K | Sep 24, 2026 | - | Analysis | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 18, 2026 | - | - | - |
| 4 | Sep 1, 2026 | - | - | - |
| 4 | Sep 1, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 4 | Aug 4, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
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DRI SEC filings: frequently asked questions
Are DRI insiders buying or selling?
In the last 90 days, Darden Restaurants (DRI) officers, directors and 10% owners reported no open-market purchases and 12 open-market sales worth $13.5 million by 6 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold DRI stock?
As of June 30, 2026, the largest Darden Restaurants (DRI) holders among the 13F filers tracked by SignalX were BlackRock ($2.0 billion), Vanguard Capital Management LLC ($1.5 billion), Vanguard Portfolio Management LLC ($1.1 billion), State Street Corp ($1.0 billion), Raymond James Financial ($762.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was DRI's revenue in fiscal year 2026?
For the fiscal year ended May 31, 2026 (FY2026), Darden Restaurants (DRI) reported revenue of $13.2 billion (up 9.4% from FY2025) and net income of $1.2 billion. Diluted EPS was $10.38. The figures come from the XBRL data in the 10-K.
What are the main risks in DRI's latest 10-K?
In the 10-K filed July 24, 2026, Darden Restaurants (DRI) flagged: Regulatory risk: compliance with evolving federal, state, and local labor laws including minimum wage increases and employment regulations impacting labor costs. Macroeconomic threat: inflationary conditions in fiscal 2026 raising costs of commodities (beef, poultry, seafood), labor, and utilities, pressuring operating margins. (AI summary of the Risk Factors section.)
What did DRI report in its latest 8-K?
Darden Restaurants (DRI) filed an 8-K on September 24, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Fiscal 2027 first-quarter results released September 24, 2026.
What are the latest DRI SEC filings?
Darden Restaurants (DRI) filed its latest 10-K annual report on July 24, 2026, a 10-Q quarterly report on October 2, 2026, an 8-K current report on September 24, 2026 and a Form 4 insider filing on September 29, 2026.
What is DRI's SEC CIK number?
Darden Restaurants (DRI)'s SEC Central Index Key (CIK) is 940944. EDGAR lists every DRI filing under that number.
Ask anything about DRI
The research agent reads DRI's filings, financials, insider trades and 13F holders, then answers with sources.