Risk Sleuth
DRI · 10-K filed 24 Jul 2026 · year to 31 May 2026

Darden Restaurants

26 named things its latest annual report says its results depend on, each in the company's own words. 13 of them are also named by other companies we've read.

Read the filing on SEC.gov ↗

Suppliers

Darden Direct Distribution third-party national distributors

depends onnamed as a risk
We enter into long-term agreements with multiple third-party national distribution companies to deliver food and supplies to our restaurants.Business (Item 1)

Limited number of suppliers and distributors

depends onnamed as a risk
We have a limited number of suppliers and distributors for certain of our products and services.Risk factors (Item 1A)

Partners and platforms

Recipe Unlimited Corporation

earns from · eight Olive Garden restaurants in Canada
On July 14, 2025, we closed on the sale of eight Olive Garden restaurants in Canada (the “Olive Garden Canada Restaurants”) to Recipe Unlimited Corporation (“Recipe”).Business (Item 1)

Delivery aggregators

competes withnamed as a risk
Furthermore, delivery aggregators and food delivery services provide consumers with convenient access to a broad range of competing restaurant chains and food retailers, particularly in urbanized areas, and may form a closer relationship with our customers and increase costs to us.Risk factors (Item 1A)

Other companies

Leased restaurant properties

depends on · 2,104 of our 2,202 restaurantsnamed as a risk
As of May 31, 2026, 2,104 of our 2,202 restaurants operating in the United States operate in leased locations, and the leases are generally non-cancellable for some period of time.Risk factors (Item 1A)

Long-term fixed-rate debt

$2.18 billionnamed as a risk
The fair value of our long-term fixed-rate debt outstanding as of May 31, 2026, averaged $2.18 billion, with a high of $2.20 billion and a low of $2.14 billion during fiscal 2026.Market risk (Item 7A)

Olive Garden

earns from · 949
Olive Garden is an internally-developed brand and is the largest full-service dining Italian restaurant operator in the United States.Business (Item 1)

Bahama Breeze closures

approximately half of the Bahama Breeze restaurants
On February 3, 2026, we announced our decision to permanently close approximately half of our Bahama Breeze restaurants, which we completed on or about April 5, 2026, and our expectation to convert the remaining restaurants to other Darden brands over the next 12–18 months.Business (Item 1)

Places

Orlando, Florida (Restaurant Support Center)

concentrated innamed as a risk
Many of our corporate systems and processes and corporate support for our restaurant operations are centralized at one Florida location.Risk factors (Item 1A)

Also named by CMCSA, MAA, RHP

Texas

operates in
Cheddar’s Scratch Kitchen is a full-service restaurant brand operating primarily in Texas and throughout the southern, mid-western, and mid-Atlantic regions of the United States.Business (Item 1)

Also named by ABR, AFRM, ALLY, AN, ASO, ASTS, ATO, AXP and 70 more

Hazards

Hurricanes

named as a risk
Our inability or failure to execute on a comprehensive business continuity plan following a major natural disaster, such as a hurricane or manmade disaster, at our corporate facility could have a materially adverse impact on our business.Risk factors (Item 1A)

Also named by AIG, AN, ASO, BAC, BBY, BJ, BPOP, BRO and 89 more

Animal disease outbreaks (livestock and poultry)

named as a risk
Shortages, delays, or interruptions in the supply of food items and other supplies to our restaurants may be caused by animal disease outbreaks affecting livestock and/or poultry; severe weather; natural disasters such as hurricanes, tornadoes, floods, droughts, wildfires, and earthquakes; macroeconomic conditions, such as tariffs and trade disputes, resulting in disruptions to the shipping and transportation industries; labor issues, such as increased costs or worker shortages or other operational disruptions at our suppliers, vendors, or other service providers; the inability of our vendors or service providers to manage adverse business conditions, obtain credit, or remain solvent; or other conditions beyond our control.Risk factors (Item 1A)

Commodities and inputs

Natural gas

exposed to its pricenamed as a risk
Our restaurants’ operating margins are also affected by fluctuations in the price of utilities such as electricity and natural gas, whether as a result of inflation or otherwise, on which the restaurants depend for their energy supply.Risk factors (Item 1A)

Also named by AA, ADM, AEE, AEP, AES, AESI, AGX, ALB and 132 more

Beef

exposed to its pricenamed as a risk
Operating margins for our restaurants are subject to changes in the price and availability of food commodities, including beef, pork, chicken, seafood, cheese, butter, and produce.Risk factors (Item 1A)

Also named by CAG, CMG, CPB, MCD, QSR, TXRH, YUM

Commodity derivatives (coffee, butter, wheat, soybean oil, pork, beef, diesel fuel, gasoline, natural gas)

exposed to its pricenamed as a risk
We use or may use derivatives to hedge price risk for some of our principal ingredient, labor, and energy costs, including, but not limited to coffee, butter, wheat, soybean oil, pork, beef, diesel fuel, gasoline, and natural gas.Risk factors (Item 1A)

Also named by CRGY, DVN

Seafood

exposed to its pricenamed as a risk
The introduction of, or changes to, tariffs or adverse impacts resulting from restrictive trade policies or trade disputes on imported food products, such as produce and seafood, could increase our costs and possibly impact the supply of those products.Risk factors (Item 1A)

Regulators

U.S. Food and Drug Administration

subject to
We require our suppliers to maintain sound manufacturing practices and operate with comprehensive Hazard Analysis and Critical Control Point food safety programs and risk-based preventative controls adopted by the U.S. Food and Drug Administration.Business (Item 1)

Also named by A, ABBV, ABT, AMGN, ARE, ARWR, ATR, AXGN and 112 more

Laws and programs

Alcoholic beverage licensing regulations

subject to · 10.0 percent of our salesnamed as a risk
During fiscal 2026, 10.0 percent of our sales were attributable to the sale of alcoholic beverages.Business (Item 1)

Foreign Corrupt Practices Act

subject tonamed as a risk
These include antitrust and tax requirements, anti-boycott regulations, import/export/customs regulations and other international trade regulations, the USA Patriot Act, the Foreign Corrupt Practices Act, and applicable local law.Risk factors (Item 1A)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AMZN and 112 more

Americans with Disabilities Act (ADA)

subject tonamed as a risk
Our facilities must comply with the applicable requirements of the Americans with Disabilities Act of 1990 (“ADA”) and related state accessibility statutes.Business (Item 1)

Also named by AMT, CMG, ELS, HHH, HLT, LLYVA, LYV, PLD and 3 more

Dram shop statutes

subject tonamed as a risk
We also are subject in certain states to “dram shop” statutes, which generally provide an injured party with recourse against an establishment that serves alcoholic beverages to an intoxicated person who then causes injury to himself or a third party.Business (Item 1)

Also named by LLYVA, LYV, RRGB, TXRH

Immigration laws

subject tonamed as a risk
Changes and further anticipated changes in immigration laws, regulations, and enforcement could decrease the pool of candidates with legal work authorizations, cause disruption in the workforce for all companies that rely on hourly workers, and increase the costs, time, and requirements to hire new employees.Risk factors (Item 1A)

Also named by CSL, QXO, STRL

Minimum wage laws

subject tonamed as a risk
We operate in many states and localities where the minimum wage is significantly higher than the federal minimum wage.Risk factors (Item 1A)

Also named by DG

Tariffs on imported food products

exposed to its pricenamed as a risk
The introduction of, or changes to, tariffs or adverse impacts resulting from restrictive trade policies or trade disputes on imported food products, such as produce and seafood, could increase our costs and possibly impact the supply of those products.Risk factors (Item 1A)

PCI Data Security Standard

subject to
As we accept credit card payments, we are subject to the Payment Card Industry (“PCI”) Data Security Standard and engage a third-party auditor to conduct annual compliance assessments.Business (Item 1)

Also named by CART, RRGB

Internal Revenue Service (IRS) Tip Rate Alternative Commitment (TRAC)

subject to
Since 1995, Darden has had a Tip Rate Alternative Commitment (“TRAC”) agreement with the Internal Revenue Service (“IRS”).Business (Item 1)