Darden Restaurants (FRA:DDN) Asset Impairment Charge : €12 Mil (TTM As of Feb. 2024)

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What is Darden Restaurants Asset Impairment Charge?

Darden Restaurants's Asset Impairment Charge for the three months ended in Feb. 2024 was €0 Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Feb. 2024 was €12 Mil.

Darden Restaurants Asset Impairment Charge Historical Data

The historical data trend for Darden Restaurants's Asset Impairment Charge can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Darden Restaurants Asset Impairment Charge Chart

Darden Restaurants Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Asset Impairment Charge

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16.99

357.81

5.43

-1.89

-9.75

Darden Restaurants Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Asset Impairment Charge	Get a 7-Day Free Trial															1.21	1.66	2.84	6.93	0.37

Darden Restaurants Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €12 Mil.

Darden Restaurants Asset Impairment Charge Related Terms

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Darden Restaurants (FRA:DDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Darden Restaurants Inc (FRA:DDN) » Definitions » Asset Impairment Charge

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Traded in Other Exchanges

DRI:USA DDN:Germany

Address

1000 Darden Center Drive, Orlando, FL, USA, 32837

Website

https://www.darden.com

Darden Restaurants is the largest restaurant operator in the U.S. full-service space, with consolidated revenue of $10.5 billion in fiscal 2023 resulting in 3%-4% full-service market share (per NRA data and our calculations). The company maintains a portfolio of 10 restaurant brands: Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Ruth's Chris, Yard House, The Capital Grille, Seasons 52, Eddie V's, Bahama Breeze, and The Capital Burger. Darden generates revenue almost exclusively from company-owned restaurants, though a small network of franchised restaurants and consumer-packaged goods sales through the traditional grocery channel contribute modestly. As of the end of its fiscal 2023, the company operated 1,914 restaurants in the U.S.

Darden Restaurants (FRA:DDN) Headlines

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