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Darden Restaurants, Inc.

News and overview for Darden Restaurants, Inc.

Darden profit falls on acquisition costs
MarketWatch | 246 days 9 hours 8 minutes ago
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Darden Restaurants Reports Fourth Quarter and Annual Diluted Net Earnings Per Share; Announces Quarterly Dividend of 20 Cents Per Share; Discusses Fiscal 2009 Financial Outlook [Press Release]
PRNewswire | 57 days 18 hours 40 minutes ago
ORLANDO, Fla., June 24 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc.


Darden Restaurants Reports Third Quarter Diluted Net Earnings Per Share, Announces Quarterly Dividend of 18 Cents Per Share [Press Release]
PRNewswire | 155 days 18 hours 40 minutes ago
ORLANDO, Fla., March 18 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc.


Darden Restaurants Announces 2008 William B. Darden Distinguished Supplier Award Winners [Press Release]
PRNewswire | 94 days 1 hour 8 minutes ago
ORLANDO, Fla., May 19 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc. today announced the recipients of its annual William B. Darden Distinguished Supplier Awards. Named for the company's late founder, the awards recognize a select group of Darden's 1,500-plus suppliers from around the globe who go 'above and beyond' to contribute to the success of the company. Selected by Darden's culinary, purchasing, total quality and marketing teams, recipients are recognized at the annual National...


Darden Restaurants Reports Second Quarter Sales and Diluted Net Earnings Per Share; Announces Quarterly Dividend of 18 Cents Per Share; Updates Fiscal 2008 Financial Outlook [Press Release]
PRNewswire | 246 days 22 hours 38 minutes ago
ORLANDO, Fla., Dec. 18 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc.


Darden Restaurants To Host Its FY08 Fourth Quarter Conference Call on the Internet [Press Release]
PRNewswire | 58 days 3 hours 10 minutes ago
ORLANDO, Fla., June 17 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc. will host its Fiscal 2008 Fourth Quarter conference call on Wednesday, June 25, 2008 at 8:30 am ET. The conference call will be broadcast live over the Internet. Clarence Otis, Chairman & CEO, and other senior management invite you to listen to a discussion of fourth quarter results. The subjects to be covered may also include forward-looking information, such as the outlook for the current month or quarter, and t...


/C O R R E C T I O N -- Darden Restaurants, Inc./ [Press Release]
PRNewswire | 337 days 3 hours 39 minutes ago
In the news release, Darden Restaurants


Darden Restaurants Agrees to Sell Smokey Bones [Press Release]
PRNewswire | 261 days 5 hours 28 minutes ago
ORLANDO, Fla., Dec. 4 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc.


Darden Restaurants Announces Commencement of Cash Tender Offer for Shares of RARE Hospitality International, Inc., and RARE Hospitality International, Inc. Announces Commencement of Consent Solicitation for Convertible Notes [Press Release]
PRNewswire | 356 days 7 hours 40 minutes ago
ORLANDO, Fla. and ATLANTA, Aug. 31 /PRNewswire-FirstCall/ -- On August 31, 2007, Surf & Turf Merger Corp., a wholly owned subsidiary of Darden Restaurants, Inc.


Darden Restaurants, Inc. And Rare Hospitality International, Inc. Announce Early Termination Of Hart-Scott-Rodino Act Waiting Period In Connection With Darden's Cash Tender Offer For Shares Of Rare And The Subsequent Merger With Rare [Press Release]
PRNewswire | 342 days 3 hours 8 minutes ago
ORLANDO, Fla. and ATLANTA, Sept. 14 /PRNewswire-FirstCall/ -- On September 13, 2007, Darden Restaurants, Inc.





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Company Overview


Company: Darden Restaurants, Inc.
Industry: Casual Dining Restaurants
Website: http://www.dardenrestaurants.com

This company has cornered not one but two dining markets: seafood and "Hospitaliano." Darden Restaurants is the #1 casual-dining operator (in terms of revenue) with more than 1,700 restaurants in the US and Canada. Its flagship chains include seafood segment leader Red Lobster and top Italian-themed concept Olive Garden. Both chains cater to families with mid-priced menu items, themed interiors, and primarily suburban locations. Darden also operates the LongHorn Steakhouse chain with about 300 outlets. In addition, the company operates a small chain of tropical-themed Bahama Breeze restaurants that offer Caribbean-inspired food, along with a casual grill and wine bar concept called Seasons 52.


Key Numbers
Sales in U.S. Dollars (mil.) 6,626.5 (2008)
One-year % Growth in Sales 19.0 (2008)
Net Income in U.S. Dollars (mil.) 377.2 (2008)
One-year % Growth in Net Income 87.3 (2008)
Number of Employees 157,000 (2007)
One-year % Growth in Number of Employees -0.2 (2007)
Fiscal Year-End May