Darden Restaurants, Inc.

News and overview for Darden Restaurants, Inc.

Create your own seafood feast -- or wine label
Restaurants & Institutions | 7 days 11 hours 29 minutes ago
SPONSORED LINKS Darden Restaurants has some new promotions at two of its chains.


Sargento Selects Grey New York as Agency-of-Record [Press Release]
PRNewswire | 32 days 5 hours 43 minutes ago
...announced that Sargento Foods Inc., a leading manufacturer...Division, Sargento Foods Inc. said, "We were impressed...future." Sargento Foods Inc., headquartered in Plymouth...GlaxoSmithKline, Diageo, Darden Restaurants, Pfizer, Canon, 3M...


Corporate Social Responsibility Ranking
Globe and Mail (Toronto), The | 14 days 19 hours 17 minutes ago
For the third year in a row, Report on Business magazine has joined with Jantzi Research Inc. to rank companies that operate in Canada on the basis of their corporate social responsibility performance. Jantzi is one of Canada's leading authorities on social investment and CSR issues. The firm also provides a full range of research and consulting services to institutional clients and financial professionals.


The Current Economic Storm and Hospitality Chief Executive Officer Job Stability | By David Mansbach
Hospitality Net | 4 days 15 hours 33 minutes ago
As the hospitality industry has been one of the hardest hit segments HVS Executive Search reached out to leading hospitality board directors and CEOs to gain insight on CEO departure trends in the U.S.


Family focus keeping Central Florida YMCA afloat
Orlando Sentinel (Fla.) | 15 days 14 minutes ago
Last month, about 200 employees of the North Central Florida YMCA didn't get their paychecks.


Altria kicks off tobacco industry 3Q earns; analysts eye cigarette volume, market share losses
Orlando Sentinel (Fla.) | 35 days 11 hours 32 minutes ago
RICHMOND, Va. (AP) — Altria Group Inc. reports its third-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period.


Landry's Restaurants approves CEO's acquisition offer
Denver Post, The | 19 days 19 hours 2 minutes ago
NEW YORK - The chairman and chief executive of Landry's Restaurants finally got what he was after Tuesday as the company's board approved his $1.2 billion all-cash offer to buy the company.


Banking in Central Florida: SunTrust remains No. 1 in deposits
Orlando Sentinel (Fla.) | 35 days 1 hour 17 minutes ago
SunTrust Banks Inc. has tightened its grip on Central Florida's banking market during the past year, while BB&T Corp. rose dramatically in the rankings and some other big players fell, according to new deposit figures released Monday by the federal government.


Biogen Idec, Biovitrum will advance potential hemophilia drug
Orlando Sentinel (Fla.) | 35 days 11 hours ago
NEW YORK (AP) — Biogen Idec Inc. and Biovitrum said Monday they will move a potential hemophilia B treatment into a late-stage study.


Stanley gets 2-year purchase agreement worth $23 million from Army
Orlando Sentinel (Fla.) | 35 days 7 hours 53 minutes ago
ARLINGTON, Va. (AP) — Stanley Inc., which provides information-technology services, said Monday it received a two-year purchase agreement worth $23 million from the Army.


Comcast 3Q customer growth to slow, but NBC Universal deal to overshadow earnings report
Orlando Sentinel (Fla.) | 21 days 5 hours 4 minutes ago
PHILADELPHIA (AP) — Comcast Corp. , the nation's largest cable TV operator and largest home Internet service provider, reports third-quarter earnings before the market opens on Wednesday. The following is a summary of key developments and analyst opinion related to the period:


Health regulators probe influence of financial payments on Zimmer spinal implant study
Orlando Sentinel (Fla.) | 21 days 5 hours 39 minutes ago
WASHINGTON (AP) — Federal health officials say an implant from Zimmer Holdings Inc. appears to be effective in treating spinal problems, but questions remain about whether company payments to doctors influenced the device's trial data.


Intuit completes purchase of personal finance site Mint.com for $170M
Orlando Sentinel (Fla.) | 21 days 5 hours 38 minutes ago
MOUNTAIN VIEW, Calif. (AP) — Tax and finance software maker Intuit Inc. on Monday said it completed its purchase of the Web site Mint.com.


Hanover Insurance posts 3rd-qtr profit, reversing 2008 loss, as claims, investment losses fall
Orlando Sentinel (Fla.) | 21 days 5 hours 4 minutes ago
WORCESTER, Mass. (AP) — The Hanover Insurance Group Inc. on Monday posted a third-quarter profit, reversing a year-ago loss, as it paid out fewer storm claims and had no investment losses to report.


Modine Manufacturing CFO Bradley Richardson resigns for position at Diebold
Orlando Sentinel (Fla.) | 21 days 5 hours 4 minutes ago
RACINE, Wis. (AP) — Modine Manufacturing Co. , which makes heaters and air conditioners for cars and trucks, said Monday that Bradley Richardson will step down as chief financial officer and a director, effective Nov. 13.





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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