Darden Restaurants, Inc.
News and overview for Darden Restaurants, Inc.
Golden Nugget owner Landry s OKs $1.2B acquisition offer
Las Vegas Sun | 20 days 19 hours 34 minutes ago
HOUSTON â?? The chairman and CEO of Landry's Restaurants Inc. finally got what he was after Tuesday, as the restaurant owner's board approved his $1.2 billion all-cash offer to take the company private.
Landry's Restaurants approves $1.2 billion offer from company owned by CEO Fertitta -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 21 days 49 minutes ago
HOUSTON (AP) — The chairman and CEO of Landry's Restaurants Inc. finally got what he was after Tuesday, as the restaurant owner's board approved his $1.2 billion all-cash offer to take the company private.
Landry's shares climb after shareholder nixes bid
Forbes | 8 days 1 hour 35 minutes ago
CHICAGO -- Shares of restaurant chain Landry's Restaurants Inc., which is being taken private by its CEO, rose to a 21-month intraday high Monday after a shareholder announced plans to oppose the $1.2 billion deal.
Landry's shares climb after shareholder nixes bid - National Business - MiamiHerald.com
Miami Herald, The | 8 days 1 hour 29 minutes ago
The chairman and CEO of Landry's Restaurants Inc. finally got what he was after Tuesday, as the restaurant owner's board approved his $1.2 billion all-cash offer to buy the company.
Wire Business News
Sacramento Bee (Calif.), The | 8 days 1 hour 27 minutes ago
CHICAGO -- Shares of restaurant chain Landry's Restaurants Inc., which is being taken private by its CEO, rose to a 21-month intraday high Monday after a shareholder announced plans to oppose the $1.2 billion deal.
Landry's shares climb after shareholder nixes bid - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 8 days 1 hour 26 minutes ago
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Landry's Restaurants shares soar after hedge fund nixes support for $1.2B buyout bid
Chicago Tribune | 8 days 1 hour 23 minutes ago
CHICAGO (AP) — Shares of restaurant chain Landry's Restaurants Inc., which is being taken private by its CEO, rose to a 21-month intraday high Monday after a shareholder announced plans to oppose the $1.2 billion deal.
Olive Garden, Red Lobster company find itself targeted for ads run during boycotted TV shows
Orlando Sentinel (Fla.) | 36 days 15 hours 5 minutes ago
A t least three times this year, Orlando-based Darden Restaurants has faced pressure from groups angry about the content of TV shows on which the company ran ads.
Landry's Restaurants OKs $1.2B acquisition offer - News Updates - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 20 days 20 hours 23 minutes ago
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Cramer: 2 Stocks to Play Park Avenue's Return to Excess
CNBC | 18 days 14 hours 29 minutes ago
“The rich, at long last, are spending again,” Cramer said during Thursday’s Mad Money.
Hundreds of Florida companies face losing tax breaks as they slow hiring plans
Orlando Sentinel (Fla.) | 16 days 5 hours 1 minute ago
Many of about 300 Florida companies, including more than 50 in Metro Orlando, could lose up to $85million in government incentives because they have fallen behind in hiring or even cut positions.
Latest sales signs from casual dining don't deliver
Nation's Restaurant News | 43 days 7 hours 45 minutes ago
(Oct. 8, 2009) Casual-dining companies this week continued to highlight cost-saving initiatives that drove profits even as sales remained soft, leading observers to believe a much-hoped-for sales recovery is not in the cards this year.
UPDATE 3-Brinker's promotions trim margins, shares fall
Forbes | 35 days 52 minutes ago
By Brad Dorfman CHICAGO, Oct 20 (Reuters) - Chili's Grill & Bar parent Brinker International Inc said on Tuesday it was still relying on aggressive discounts to attract customers, eating into profits, sending its shares down more than 9 percent.
Companies face losing tax breaks as they slow hiring plans
Orlando Sentinel (Fla.) | 16 days 12 hours 49 minutes ago
Many of about 300 Florida companies, including more than 50 in Metro Orlando, could lose up to $85million in government incentives because they have fallen behind in hiring or even cut positions.
Darden customers to create their own seafood feast
Nation's Restaurant News | 8 days 36 minutes ago
Orlando, Fla. ( Nov. 16, 2009 ) Darden Restaurants has some new promotions at two of its chains.
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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 1,770 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 more than 320 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.) | 7,217.5 (2009) |
|---|---|
| One-year % Growth in Sales | 8.9 (2009) |
| Net Income in U.S. Dollars (mil.) | 372.2 (2009) |
| One-year % Growth in Net Income | -1.3 (2009) |
| Number of Employees | 179,000 (2009) |
| One-year % Growth in Number of Employees | 0.0 (2009) |
| Fiscal Year-End | May |