Ricardo Cardenas - Darden Restaurants Chief Financial Officer, Senior Vice President

DRI Stock  USD 175.22  7.53  4.49%   

President

Mr. Ricardo Cardenas is Chief Financial Officer, Senior Vice President of the Company. He was our Senior Vice President, Chief Financial Officer since March 2016. He was Senior Vice President, Chief Strategy Officer of the Company from July 2015 to March 2016, prior to which he served as Senior Vice President, Finance, Strategy and Technology from July 2014 to July 2015. He was Executive Vice President of Operations for LongHorn Steakhouse from June 2013 to July 2014 and Senior Vice President of Operations for LongHorn Steakhouses Philadelphia Division from June 2012 to June 2013. He served as Senior Vice President of Finance for Red Lobster, which the Company previously owned, from June 2010 to June 2012. Mr. Cardenas originally joined the Company in 1984 as an hourly employee and served in various positions of increasing responsibility, including Vice President of Finance for Olive Garden, prior to the positions described above. since 2021.
Age 56
Tenure 3 years
Address 1000 Darden Center Drive, Orlando, FL, United States, 32837
Phone407 245 4000
Webhttps://www.darden.com

Latest Insider Transactions

2024-09-23Disposed of 42403 shares @ 171.68View
Cardenas had been Senior Vice President, Chief Strategy Officer of the Company since July 2015, prior to which he served as Senior Vice President, Finance, Strategy and Technology from July 2014 to July 2015. He was Executive Vice President of Operations for the Company’s LongHorn Steakhouse from June 2013 to July 2014 and Senior Vice President of Operations for LongHorn Steakhouse’s Philadelphia Division from June 2012 to June 2013. He served as Senior Vice President of Finance for Red Lobster, which the Company previously owned, from June 2010 to June 2012.

Darden Restaurants Management Efficiency

The company has Return on Asset of 0.0741 % which means that on every $100 spent on assets, it made $0.0741 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4862 %, implying that it generated $0.4862 on every 100 dollars invested. Darden Restaurants' management efficiency ratios could be used to measure how well Darden Restaurants manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.0061. The current Return On Capital Employed is estimated to decrease to 0.10. As of now, Darden Restaurants' Net Tangible Assets are decreasing as compared to previous years.
Darden Restaurants has 6.73 B in debt with debt to equity (D/E) ratio of 2.89, meaning that the company heavily relies on borrowing funds for operations. Darden Restaurants has a current ratio of 0.51, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Darden to invest in growth at high rates of return.

Similar Executives

Showing other executives

PRESIDENT Age

David GordonThe Cheesecake Factory
59
Jay JohnsDine Brands Global
63
Jeffrey LawrenceDominos Pizza
45
Russell WeinerDominos Pizza
56
Tarun LalYum Brands
N/A
Axel SchwanRestaurant Brands International
50
Cheryl SlomannThe Cheesecake Factory
58
Scott HinshawDominos Pizza
56
Bryan AdelDine Brands Global
57
Justin FalciolaPapa Johns International
N/A
Joseph TaylorBrinker International
65
Thomas CurtisRestaurant Brands International
60
Scarlett MayThe Cheesecake Factory
58
Jose CilRestaurant Brands International
54
Eric EsqThe Wendys Co
53
Anne FischerPapa Johns International
N/A
Patrick MurthaBloomin Brands
66
Wade AllenBrinker International
43
John CywinskiDine Brands Global
61
Tom RoseJack In The
N/A
Douglas ComingsBrinker International
50
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddars Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie Vs Prime Seafood brand name, and 3 under the Capital Burger brand and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddars Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida Darden Restaurants (DRI) is traded on New York Stock Exchange in USA. It is located in 1000 Darden Center Drive, Orlando, FL, United States, 32837 and employs 191,105 people. Darden Restaurants is listed under Hotels, Restaurants & Leisure category by Fama And French industry classification.

Management Performance

Darden Restaurants Leadership Team

Elected by the shareholders, the Darden Restaurants' board of directors comprises two types of representatives: Darden Restaurants inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Darden. The board's role is to monitor Darden Restaurants' management team and ensure that shareholders' interests are well served. Darden Restaurants' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Darden Restaurants' outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Renninger, Senior Vice President Chief Development Officer
John Martin, President Group
Laura Williamson, President Steakhouse
Todd Burrowes, President - LongHorn Steakhouse
Mark Cooper, President 52
Kyle Holmes, Managing Partner
Jon Norem, Managing Partner
Sarah King, Chief People and Diversity Officer, Senior Vice President
Bradley Smith, President Franchising
Susan Connelly, Senior Vice President Chief Communications and Public Affairs Officer
Matthew Broad, Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary
Nana Mensah, Independent Director
Jaime Bunker, Senior Garden
Kevin Kalicak, Vice Analysis
John Rucker, Managing Partner
Christopher Chang, Senior Officer
Ricardo Cardenas, Chief Financial Officer, Senior Vice President
David George, Chief Operating Officer, Executive Vice President
Douglas Milanes, Senior Vice President Chief Supply Chain Officer
Eugene Lee, Chairman of the Board, Chief Executive Officer
John Felton, Senior Kitchen
Timothy Wilmott, Independent Director
Rajesh Vennam, Chief Financial Officer, Senior Vice President, Treasurer
Matthew JD, General VP
Margaret Atkins, Independent Director
John Madonna, Senior Vice President Principal Accounting Officer, Corporate Controller
Cynthia Jamison, Independent Director
Juliana Chugg, Independent Director
Mike Wilson, Senior Steakhouse
Charles Sonsteby, Independent Chairman of the Board
Daniel Kiernan, President - Olive Garden
James Fogarty, Independent Director
Ricardo CPA, President CEO
William Simon, Independent Director
M Martin, President - Specialty Restaurant Group

Darden Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Darden Restaurants a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Darden Restaurants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darden Restaurants. If investors know Darden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darden Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.087
Dividend Share
5.33
Earnings Share
8.67
Revenue Per Share
95.695
Quarterly Revenue Growth
0.01
The market value of Darden Restaurants is measured differently than its book value, which is the value of Darden that is recorded on the company's balance sheet. Investors also form their own opinion of Darden Restaurants' value that differs from its market value or its book value, called intrinsic value, which is Darden Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Darden Restaurants' market value can be influenced by many factors that don't directly affect Darden Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Darden Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darden Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darden Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.