Subtext

Darden Restaurants, Inc. DRI

SectorConsumer Discretionary
Transcripts76
Date range2006-03-22 – 2025-03-20
Calls charted75

Sentiment timeline

Net Loughran-McDonald sentiment per call (×1000), earliest → latest.

-21-11+0+11+212006 Q32009 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32006 Q3 · Overall: +12.42006 Q4 · Overall: +17.52007 Q1 · Overall: +12.52007 Q2 · Overall: +12.32007 Q3 · Overall: +9.82008 Q1 · Overall: +9.12008 Q2 · Overall: +3.02008 Q3 · Overall: +9.62008 Q4 · Overall: +7.22009 Q1 · Overall: +4.52009 Q2 · Overall: +4.52009 Q3 · Overall: +4.52009 Q4 · Overall: +6.02010 Q2 · Overall: +3.62010 Q3 · Overall: +8.42010 Q4 · Overall: +5.72011 Q1 · Overall: +11.72011 Q2 · Overall: +7.52011 Q3 · Overall: +10.12011 Q4 · Overall: +8.92012 Q1 · Overall: +8.02012 Q2 · Overall: +4.12012 Q3 · Overall: +5.72012 Q4 · Overall: +4.62013 Q1 · Overall: +3.52013 Q2 · Overall: +0.32013 Q3 · Overall: +0.82013 Q4 · Overall: +3.02014 Q1 · Overall: +0.02014 Q2 · Overall: +11.42014 Q3 · Overall: +0.02014 Q4 · Overall: +7.12015 Q1 · Overall: +6.92015 Q2 · Overall: +10.32015 Q3 · Overall: +13.72015 Q4 · Overall: +11.22016 Q1 · Overall: +13.02016 Q2 · Overall: +9.02016 Q3 · Overall: +15.22016 Q4 · Overall: +14.32017 Q1 · Overall: +8.72017 Q2 · Overall: +6.42017 Q3 · Overall: +11.72017 Q4 · Overall: +9.82018 Q1 · Overall: +10.02018 Q2 · Overall: +8.92018 Q3 · Overall: +6.82018 Q4 · Overall: +11.52019 Q1 · Overall: +13.32019 Q2 · Overall: +15.92019 Q3 · Overall: +18.32019 Q4 · Overall: +6.92020 Q1 · Overall: +11.12020 Q2 · Overall: +15.02020 Q3 · Overall: -2.22020 Q4 · Overall: +6.82021 Q1 · Overall: +10.02021 Q2 · Overall: +10.32021 Q3 · Overall: +17.32021 Q4 · Overall: +12.72022 Q1 · Overall: +9.02022 Q2 · Overall: +11.32022 Q3 · Overall: +7.72022 Q4 · Overall: +8.62023 Q1 · Overall: +6.52023 Q2 · Overall: +9.32023 Q3 · Overall: +9.42023 Q4 · Overall: +7.42024 Q1 · Overall: +3.72024 Q2 · Overall: +10.22024 Q3 · Overall: +9.72024 Q4 · Overall: +9.92025 Q1 · Overall: +6.82025 Q2 · Overall: +14.72025 Q3 · Overall: +10.0
Overall

CEO vs CFO

Average sentiment of each executive's remarks per call. Divergence is a signal.

-38-19+0+19+382006 Q32009 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32006 Q3 · CEO: +27.82006 Q4 · CEO: +28.32007 Q1 · CEO: +16.12007 Q2 · CEO: +12.12007 Q3 · CEO: +16.02008 Q1 · CEO: +28.52008 Q2 · CEO: +11.32008 Q3 · CEO: +23.92008 Q4 · CEO: +21.42009 Q1 · CEO: +16.32009 Q2 · CEO: +10.92009 Q4 · CEO: +14.72010 Q2 · CEO: +13.02010 Q3 · CEO: +14.52010 Q4 · CEO: +0.02011 Q1 · CEO: +9.72011 Q2 · CEO: +5.62011 Q3 · CEO: +17.42011 Q4 · CEO: +8.42012 Q1 · CEO: +15.22012 Q2 · CEO: +4.42012 Q3 · CEO: +10.72012 Q4 · CEO: +8.02013 Q1 · CEO: +9.92013 Q2 · CEO: -4.72013 Q3 · CEO: +5.82013 Q4 · CEO: +0.72014 Q1 · CEO: +2.82014 Q2 · CEO: +22.62014 Q4 · CEO: +1.32015 Q2 · CEO: +20.62015 Q3 · CEO: +22.22015 Q4 · CEO: +21.22016 Q1 · CEO: +18.62016 Q2 · CEO: +17.62016 Q3 · CEO: +25.62016 Q4 · CEO: +24.02017 Q1 · CEO: +15.22017 Q2 · CEO: +15.62017 Q3 · CEO: +21.32017 Q4 · CEO: +15.92018 Q1 · CEO: +16.62018 Q2 · CEO: +13.62018 Q3 · CEO: +16.72018 Q4 · CEO: +19.22019 Q1 · CEO: +25.62019 Q2 · CEO: +28.92019 Q3 · CEO: +32.72019 Q4 · CEO: +18.12020 Q1 · CEO: +21.32020 Q2 · CEO: +22.62020 Q3 · CEO: -0.92020 Q4 · CEO: +13.12021 Q1 · CEO: +18.32021 Q2 · CEO: +17.42021 Q3 · CEO: +21.52021 Q4 · CEO: +22.62022 Q1 · CEO: +9.72022 Q2 · CEO: +20.22022 Q3 · CEO: +6.32022 Q4 · CEO: +13.82023 Q1 · CEO: +16.02023 Q2 · CEO: +18.82023 Q3 · CEO: +17.22023 Q4 · CEO: +17.32024 Q1 · CEO: +16.52024 Q2 · CEO: +22.82024 Q3 · CEO: +17.32024 Q4 · CEO: +18.82025 Q1 · CEO: +11.82025 Q2 · CEO: +20.92025 Q3 · CEO: +14.02006 Q3 · CFO: +11.32006 Q4 · CFO: +8.12007 Q1 · CFO: +8.32007 Q3 · CFO: +5.62008 Q1 · CFO: +1.12008 Q2 · CFO: +0.92008 Q3 · CFO: +6.62008 Q4 · CFO: +2.32009 Q1 · CFO: +0.42009 Q2 · CFO: -0.72009 Q3 · CFO: +0.02009 Q4 · CFO: +3.92010 Q2 · CFO: +5.22010 Q3 · CFO: +10.62010 Q4 · CFO: -0.52011 Q1 · CFO: +22.02011 Q2 · CFO: +11.42011 Q3 · CFO: +12.22011 Q4 · CFO: +11.92012 Q1 · CFO: +14.62012 Q2 · CFO: +11.02012 Q3 · CFO: +12.42012 Q4 · CFO: +3.12013 Q1 · CFO: +11.12013 Q2 · CFO: +5.32013 Q3 · CFO: +0.02013 Q4 · CFO: +6.12014 Q1 · CFO: +5.72014 Q2 · CFO: +5.82014 Q3 · CFO: +6.12014 Q4 · CFO: +4.92015 Q1 · CFO: +4.92015 Q2 · CFO: +5.62015 Q4 · CFO: +15.32016 Q1 · CFO: +20.62016 Q2 · CFO: +10.62016 Q3 · CFO: +15.72016 Q4 · CFO: +16.82017 Q1 · CFO: +9.42017 Q2 · CFO: +3.32017 Q3 · CFO: +6.02017 Q4 · CFO: +11.22018 Q1 · CFO: +9.22018 Q2 · CFO: +11.32018 Q3 · CFO: +0.02018 Q4 · CFO: +7.82019 Q1 · CFO: +3.72019 Q2 · CFO: +9.62019 Q3 · CFO: +12.32019 Q4 · CFO: +11.12020 Q1 · CFO: +3.72020 Q2 · CFO: +10.12020 Q3 · CFO: -3.42020 Q4 · CFO: +3.52021 Q1 · CFO: +12.02021 Q2 · CFO: +2.42021 Q3 · CFO: +9.42021 Q4 · CFO: +8.92022 Q1 · CFO: +11.22022 Q2 · CFO: +16.32022 Q3 · CFO: +6.52022 Q4 · CFO: +11.52023 Q1 · CFO: +2.52023 Q2 · CFO: +7.62023 Q3 · CFO: +11.42023 Q4 · CFO: +8.12024 Q1 · CFO: +0.32024 Q2 · CFO: +9.82024 Q3 · CFO: +11.12024 Q4 · CFO: +9.72025 Q1 · CFO: +6.22025 Q2 · CFO: +13.42025 Q3 · CFO: +15.2
CEOCFO

Prepared remarks vs Q&A

Scripted tone vs unscripted answers. The gap is information.

-39-20+0+20+392006 Q32009 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32006 Q3 · Prepared remarks: +23.72006 Q4 · Prepared remarks: +27.72007 Q1 · Prepared remarks: +28.52007 Q2 · Prepared remarks: +15.92007 Q3 · Prepared remarks: +22.42008 Q1 · Prepared remarks: +16.42008 Q2 · Prepared remarks: +9.02008 Q3 · Prepared remarks: +10.92008 Q4 · Prepared remarks: +10.22009 Q1 · Prepared remarks: +9.62009 Q2 · Prepared remarks: +12.02009 Q3 · Prepared remarks: +4.72009 Q4 · Prepared remarks: +7.72010 Q2 · Prepared remarks: +3.82010 Q3 · Prepared remarks: +13.92010 Q4 · Prepared remarks: +9.22011 Q1 · Prepared remarks: +15.82011 Q2 · Prepared remarks: +15.12011 Q3 · Prepared remarks: +19.22011 Q4 · Prepared remarks: +12.22012 Q1 · Prepared remarks: +7.22012 Q2 · Prepared remarks: +7.72012 Q3 · Prepared remarks: +11.42012 Q4 · Prepared remarks: +8.52013 Q1 · Prepared remarks: +7.82013 Q2 · Prepared remarks: -0.32013 Q3 · Prepared remarks: -2.02013 Q4 · Prepared remarks: +6.02014 Q1 · Prepared remarks: +0.22014 Q2 · Prepared remarks: +18.62014 Q3 · Prepared remarks: -1.32014 Q4 · Prepared remarks: +12.02015 Q1 · Prepared remarks: +10.42015 Q2 · Prepared remarks: +17.12015 Q3 · Prepared remarks: +28.82015 Q4 · Prepared remarks: +25.12016 Q1 · Prepared remarks: +29.52016 Q2 · Prepared remarks: +23.12016 Q3 · Prepared remarks: +34.32016 Q4 · Prepared remarks: +32.62017 Q1 · Prepared remarks: +18.02017 Q2 · Prepared remarks: +19.72017 Q3 · Prepared remarks: +26.62017 Q4 · Prepared remarks: +23.22018 Q1 · Prepared remarks: +15.92018 Q2 · Prepared remarks: +19.62018 Q3 · Prepared remarks: +17.42018 Q4 · Prepared remarks: +27.92019 Q1 · Prepared remarks: +21.92019 Q2 · Prepared remarks: +24.72019 Q3 · Prepared remarks: +26.42019 Q4 · Prepared remarks: +19.82020 Q1 · Prepared remarks: +20.52020 Q2 · Prepared remarks: +26.42020 Q3 · Prepared remarks: +0.72020 Q4 · Prepared remarks: +12.42021 Q1 · Prepared remarks: +24.52021 Q2 · Prepared remarks: +15.32021 Q3 · Prepared remarks: +18.02021 Q4 · Prepared remarks: +20.12022 Q1 · Prepared remarks: +22.22022 Q2 · Prepared remarks: +28.52022 Q3 · Prepared remarks: +11.62022 Q4 · Prepared remarks: +22.22023 Q1 · Prepared remarks: +14.42023 Q2 · Prepared remarks: +25.22023 Q3 · Prepared remarks: +25.02023 Q4 · Prepared remarks: +24.22024 Q1 · Prepared remarks: +21.22024 Q2 · Prepared remarks: +22.52024 Q3 · Prepared remarks: +18.22024 Q4 · Prepared remarks: +21.22025 Q1 · Prepared remarks: +19.62025 Q2 · Prepared remarks: +21.12025 Q3 · Prepared remarks: +20.52006 Q3 · Q&A responses: +10.12006 Q4 · Q&A responses: +15.22007 Q1 · Q&A responses: +5.82007 Q2 · Q&A responses: +9.42007 Q3 · Q&A responses: +7.82008 Q1 · Q&A responses: +11.12008 Q2 · Q&A responses: +2.12008 Q3 · Q&A responses: +6.22008 Q4 · Q&A responses: +7.22009 Q1 · Q&A responses: +5.72009 Q2 · Q&A responses: +0.32009 Q3 · Q&A responses: +1.62009 Q4 · Q&A responses: +9.32010 Q2 · Q&A responses: +7.42010 Q3 · Q&A responses: +12.02010 Q4 · Q&A responses: +4.42011 Q1 · Q&A responses: +14.52011 Q2 · Q&A responses: +8.52011 Q3 · Q&A responses: +11.92011 Q4 · Q&A responses: +15.22012 Q1 · Q&A responses: +17.12012 Q2 · Q&A responses: +4.92012 Q3 · Q&A responses: +4.32012 Q4 · Q&A responses: +2.72013 Q1 · Q&A responses: +7.42013 Q2 · Q&A responses: +4.32013 Q3 · Q&A responses: +5.02013 Q4 · Q&A responses: +1.22014 Q1 · Q&A responses: +2.02014 Q2 · Q&A responses: +9.42014 Q3 · Q&A responses: +9.52014 Q4 · Q&A responses: +4.32015 Q1 · Q&A responses: +5.12015 Q2 · Q&A responses: +13.02015 Q3 · Q&A responses: +10.92015 Q4 · Q&A responses: +13.32016 Q1 · Q&A responses: +12.02016 Q2 · Q&A responses: +13.72016 Q3 · Q&A responses: +16.72016 Q4 · Q&A responses: +18.02017 Q1 · Q&A responses: +10.42017 Q2 · Q&A responses: +7.32017 Q3 · Q&A responses: +8.62017 Q4 · Q&A responses: +8.22018 Q1 · Q&A responses: +13.62018 Q2 · Q&A responses: +10.02018 Q3 · Q&A responses: +11.02018 Q4 · Q&A responses: +11.12019 Q1 · Q&A responses: +16.82019 Q2 · Q&A responses: +22.22019 Q3 · Q&A responses: +25.02019 Q4 · Q&A responses: +11.22020 Q1 · Q&A responses: +14.02020 Q2 · Q&A responses: +15.62020 Q3 · Q&A responses: -2.62020 Q4 · Q&A responses: +7.82021 Q1 · Q&A responses: +12.42021 Q2 · Q&A responses: +12.62021 Q4 · Q&A responses: +16.62022 Q1 · Q&A responses: +8.62022 Q2 · Q&A responses: +12.42022 Q3 · Q&A responses: +7.72022 Q4 · Q&A responses: +8.82023 Q1 · Q&A responses: +7.02023 Q2 · Q&A responses: +11.62023 Q3 · Q&A responses: +11.72023 Q4 · Q&A responses: +8.22024 Q1 · Q&A responses: +4.42024 Q2 · Q&A responses: +13.12024 Q3 · Q&A responses: +12.72024 Q4 · Q&A responses: +11.92025 Q1 · Q&A responses: +5.42025 Q2 · Q&A responses: +15.92025 Q3 · Q&A responses: +10.9
Prepared remarksQ&A responses

Tone vs forward expectations

Management tone next to Wall Street's forward-looking numbers (glopardo): the 12-month forward EPS estimate and the forward P/E per call.

Forward EPS estimate

$1.70$6.22$10.752006 Q32009 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32014 Q1: $2.752014 Q2: $2.822014 Q3: $2.322014 Q4: $2.442015 Q1: $2.562015 Q2: $2.912015 Q3: $3.282015 Q4: $3.462016 Q1: $3.852016 Q2: $4.032016 Q3: $4.002016 Q4: $4.152017 Q1: $4.262017 Q2: $4.462017 Q3: $4.622017 Q4: $4.702018 Q1: $5.282018 Q2: $5.462018 Q3: $5.802018 Q4: $6.052019 Q1: $6.242019 Q2: $6.472019 Q3: $6.542019 Q4: $6.622020 Q1: $5.702020 Q2: $2.702020 Q3: $3.892020 Q4: $5.292021 Q1: $5.942021 Q2: $7.252021 Q3: $7.732021 Q4: $8.102022 Q1: $8.272022 Q2: $8.212022 Q3: $7.992022 Q4: $8.232023 Q1: $8.532023 Q2: $8.852023 Q3: $9.082023 Q4: $9.302024 Q1: $9.562024 Q2: $9.612024 Q3: $9.842024 Q4: $10.12

Forward P/E

4.2716.7129.162006 Q32009 Q22012 Q12014 Q32017 Q12019 Q32022 Q12024 Q32014 Q1: 17.882014 Q2: 17.652014 Q3: 21.462014 Q4: 23.362015 Q1: 25.482015 Q2: 23.442015 Q3: 21.162015 Q4: 17.162016 Q1: 17.572016 Q2: 16.752016 Q3: 15.402016 Q4: 18.402017 Q1: 17.812017 Q2: 20.292017 Q3: 18.112017 Q4: 18.652018 Q1: 17.852018 Q2: 16.922018 Q3: 20.312018 Q4: 16.622019 Q1: 17.632019 Q2: 18.162019 Q3: 19.432019 Q4: 17.572020 Q1: 5.992020 Q2: 27.442020 Q3: 23.902020 Q4: 22.002021 Q1: 23.792021 Q2: 18.812021 Q3: 19.282021 Q4: 18.412022 Q1: 15.682022 Q2: 14.202022 Q3: 16.312022 Q4: 17.482023 Q1: 17.322023 Q2: 18.952023 Q3: 16.382023 Q4: 17.472024 Q1: 18.262024 Q2: 15.812024 Q3: 16.182024 Q4: 15.79

Divergence watch ⚑

Quarters where tone and the forward EPS estimate moved opposite ways.

  • 2015 Q4 tone ↓ -2.5 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2016 Q2 tone ↓ -4.0 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q1 tone ↓ -5.5 fwd EPS ↑ +0.10 Tone cooled even as the forward EPS estimate rose.
  • 2017 Q2 tone ↓ -2.3 fwd EPS ↑ +0.20 Tone cooled even as the forward EPS estimate rose.
  • 2018 Q3 tone ↓ -2.1 fwd EPS ↑ +0.34 Tone cooled even as the forward EPS estimate rose.
  • 2019 Q4 tone ↓ -11.3 fwd EPS ↑ +0.08 Tone cooled even as the forward EPS estimate rose.
  • 2020 Q1 tone ↑ +4.1 fwd EPS ↓ -0.92 Tone rose while the forward EPS estimate was cut.
  • 2020 Q2 tone ↑ +3.9 fwd EPS ↓ -3.00 Tone rose while the forward EPS estimate was cut.
  • 2020 Q3 tone ↓ -17.2 fwd EPS ↑ +1.19 Tone cooled even as the forward EPS estimate rose.
  • 2021 Q4 tone ↓ -4.6 fwd EPS ↑ +0.37 Tone cooled even as the forward EPS estimate rose.
  • 2022 Q1 tone ↓ -3.7 fwd EPS ↑ +0.18 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q1 tone ↓ -2.1 fwd EPS ↑ +0.30 Tone cooled even as the forward EPS estimate rose.
  • 2023 Q4 tone ↓ -2.0 fwd EPS ↑ +0.22 Tone cooled even as the forward EPS estimate rose.
  • 2024 Q1 tone ↓ -3.7 fwd EPS ↑ +0.26 Tone cooled even as the forward EPS estimate rose.

Recent transcripts

CallDateSentiment ×1000Fwd EPSFwd P/E
2025 Q32025-03-20+10.0——View →
2025 Q22024-12-19+14.7——View →
2025 Q12024-09-19+6.8——View →
2024 Q42024-06-20+9.9$10.1215.8View →
2024 Q32024-03-21+9.7$9.8416.2View →
2024 Q22023-12-15+10.2$9.6115.8View →
2024 Q12023-09-21+3.7$9.5618.3View →
2023 Q42023-06-22+7.4$9.3017.5View →