Discontinued — last reported Q3 '23
Business Segments · CapEx
Fine Dining — CapEx
Darden Restaurants Fine Dining — CapEx increased by 38.2% to $23.50M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 108.0%, from $11.30M to $23.50M. Over 2 years (FY 2021 to FY 2023), Fine Dining — CapEx shows an upward trend with a 20.2% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ3 2023
How to read this metric
An increase suggests active expansion or significant reinvestment in existing locations, whereas a decrease may indicate a shift toward capital preservation or a mature asset base.
Detailed definition
This metric tracks the cash outflows dedicated to capital expenditures for the fine dining segment, such as new restaura...
Peer comparison
Standardized as 'Capital Expenditures' or 'CapEx' in segment-level financial reporting across the restaurant and retail sectors.
Metric ID:
dri_segment_fine_dining_payments_to_acquire_property_plant_and_equipmentHistorical Data
10 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.00M | $8.70M | $12.00M | $10.70M | $10.80M | $11.30M | $13.20M | $15.70M | $17.00M | $23.50M |
| QoQ Change | — | +8.8% | +37.9% | -10.8% | +0.9% | +4.6% | +16.8% | +18.9% | +8.3% | +38.2% |
| YoY Change | — | — | — | — | +35.0% | +29.9% | +10.0% | +46.7% | +57.4% | +108.0% |
Range$8.00M – $23.50M
CAGR+61.4%
Avg YoY Growth+47.8%
Median YoY Growth+40.9%
Current Streak6 quarters growth
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Frequently Asked Questions
- What is Darden Restaurants's fine dining — capex?
- Darden Restaurants (DRI) reported fine dining — capex of $23.50M in Q2 2023.
- How has Darden Restaurants's fine dining — capex changed year-over-year?
- Darden Restaurants's fine dining — capex increased by 108.0% year-over-year, from $11.30M to $23.50M.
- What is the long-term trend for Darden Restaurants's fine dining — capex?
- Over 2 years (2021 to 2023), Darden Restaurants's fine dining — capex has grown at a 20.2% compound annual growth rate (CAGR), from $39.60M to $57.20M.
- What does fine dining — capex mean?
- The amount of cash spent on physical assets and infrastructure improvements for the fine dining segment.