Darden Restaurants (FRA:DDN) Current Accrued Expense : €181 Mil (As of Feb. 2024)

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What is Darden Restaurants Current Accrued Expense?

Darden Restaurants's Current Accrued Expense for the quarter that ended in Feb. 2024 was €181 Mil.

Darden Restaurants's quarterly Current Accrued Expense increased from Aug. 2023 (€155 Mil) to Nov. 2023 (€164 Mil) and increased from Nov. 2023 (€164 Mil) to Feb. 2024 (€181 Mil).

Darden Restaurants's annual Current Accrued Expense increased from May. 2021 (€154 Mil) to May. 2022 (€183 Mil) but then declined from May. 2022 (€183 Mil) to May. 2023 (€174 Mil).

Darden Restaurants Current Accrued Expense Historical Data

The historical data trend for Darden Restaurants's Current Accrued Expense 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 Current Accrued Expense Chart

Darden Restaurants Annual Data

Trend

May14

May15

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May19

May20

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May23

Current Accrued Expense

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164.32

146.45

153.98

183.24

173.88

Darden Restaurants Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Current Accrued Expense	Get a 7-Day Free Trial															156.82	173.88	154.61	163.64	181.32

Darden Restaurants Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Darden Restaurants Current Accrued Expense 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 » Current Accrued Expense

Comparable Companies

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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