Darden Restaurants Inc (DRI)
Gross profit margin
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,918,200 | 2,333,200 | 2,248,200 | 2,299,300 | 2,311,200 | 2,205,100 | 2,235,100 | 2,140,300 | 2,192,600 | 2,253,100 | 2,280,100 | 2,317,500 | 2,157,700 | 1,995,500 | 1,768,600 | 1,635,300 | 1,638,100 | 1,744,700 | 1,888,700 | 1,940,100 |
| Revenue (ttm) | US$ in thousands | 11,762,300 | 11,563,100 | 11,647,900 | 11,865,700 | 11,635,700 | 11,404,200 | 11,160,000 | 10,915,700 | 10,957,400 | 10,964,200 | 11,019,800 | 11,074,400 | 10,791,900 | 10,555,100 | 10,215,000 | 9,874,900 | 9,991,300 | 10,047,900 | 10,050,700 | 10,057,200 |
| Gross profit margin | 33.31% | 20.18% | 19.30% | 19.38% | 19.86% | 19.34% | 20.03% | 19.61% | 20.01% | 20.55% | 20.69% | 20.93% | 19.99% | 18.91% | 17.31% | 16.56% | 16.40% | 17.36% | 18.79% | 19.29% |
February 28, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,918,200K ÷ $11,762,300K
= 33.31%
Darden Restaurants Inc's gross profit margin has shown fluctuations over the reported periods. The trend indicates a slight decrease from May 31, 2022, to November 27, 2022, reaching a low of 16.40%. However, there was a modest recovery seen by February 28, 2023, where the margin increased to 18.91%. Subsequently, there was a progressive improvement in the gross profit margin, with peaks observed on May 31, 2023 (20.93%), August 27, 2023 (20.69%), and August 31, 2023 (20.55%).
Towards the end of 2023 and into early 2024, the gross profit margin experienced some fluctuations but remained relatively stable within the range of 19.61% to 20.03%. Specifically, the margin was at its highest on November 26, 2023 (20.01%) before dipping slightly in February 29, 2024, to 19.34%.
In the most recent periods up to February 28, 2025, there was a meaningful increase in the gross profit margin, reaching 33.31%. This substantial surge might indicate various factors such as improved cost management, increased revenue, or other operational efficiencies.
Overall, the trend in Darden Restaurants Inc's gross profit margin reflects both short-term variability and more consistent performance, with fluctuations followed by periods of stability and growth. Further analysis could provide more insight into the company's operational efficiency and financial health.
Peer comparison
Feb 28, 2025