Darden Restaurants, Inc.
News and overview for Darden Restaurants, Inc.
Red zone a TD dead zone for UCF this season
Orlando Sentinel (Fla.) | 46 days 10 hours 40 minutes ago
There is no method to the madness.
FSU players can only worry about Georgia Tech
Orlando Sentinel (Fla.) | 46 days 10 hours 40 minutes ago
Somewhat lost this week in the speculation surrounding the future of Florida State Coach Bobby Bowden is that the Seminoles do in fact play a game on Saturday night against Georgia Tech. Bowden said on Wednesday after his team's practice that he didn't think distractions would be an issue for the Seminoles.
Milwaukee man whose military flare sparked fire at meatpacking plant gets 90 days in jail
Orlando Sentinel (Fla.) | 45 days 23 hours 46 minutes ago
MILWAUKEE (AP) — A Milwaukee man whose military flare sparked a fire at a meatpacking plant that caused $50 million in damage has been sentenced to 90 days in jail.
Bad news for backup offensive lineman Matt Patchan
Orlando Sentinel (Fla.) | 46 days 10 hours 40 minutes ago
Florida LT Matt Patchan will miss the remainder of the 2009 season after suffering a torn right anterior cruciate ligament during Tuesday's non-contact drills, Coach Urban Meyer said Wednesday.
SeaWorld Orlando: SeaWorld Orlando buyer Blackstone Group has experience running theme parks
Orlando Sentinel (Fla.) | 45 days 11 hours 15 minutes ago
SeaWorld Orlando: Blackstone Group might raise prices but will run parks well, experts say
Property transfers: Nov. 15, 2009 » The Commercial Appeal
Commercial Appeal (Memphis, Tenn.), The | 8 days 9 hours 51 minutes ago
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Times are bad, but why take it out on the server?
Orlando Sentinel (Fla.) | 35 days 8 hours 18 minutes ago
Tipping in a recession is a dilemma. Do you stick with the 18 to 20 percent formula or retreat to 15 percent? Do you skip an appetizer, a glass of wine or a dessert to lower your dining bill and thus your tip?
Supervalu looking for change in second quarter when it reports Tuesday
Orlando Sentinel (Fla.) | 34 days 22 hours 46 minutes ago
PORTLAND, Ore. (AP) — Supervalu Inc. reports earnings for its fiscal second quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period.
Motorola shares up as Verizon Wireless launches ad campaign for new phone
Orlando Sentinel (Fla.) | 34 days 20 hours 16 minutes ago
NEW YORK (AP) — Shares of Motorola Inc. surged Monday as Verizon Wireless launched an aggressive ad campaign to promote a new Motorola phone.
AirTran Airways parent expected to post adjusted profit for third quarter ended Sept. 30
Orlando Sentinel (Fla.) | 35 days 38 minutes ago
ATLANTA (AP) — AirTran Holdings Inc., operator of discount carrier AirTran Airways, reports third-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period.
PetMed Express 2nd-quarter profit rises on higher sales, new customers
Orlando Sentinel (Fla.) | 34 days 22 hours 29 minutes ago
POMPANO BEACH, Fla. (AP) — Pet-medication delivery company PetMed Express Inc. said Monday that its second-quarter profit rose 12 percent as the company recorded higher sales and added new customers.
AIG lends another $2 billion in government-backed funds to its aircraft financing unit
Orlando Sentinel (Fla.) | 34 days 18 hours 18 minutes ago
NEW YORK (AP) — American International Group Inc. said Monday it loaned another $2 billion in government-backed funds to its aircraft leasing unit to help its short-term financing needs.
Universal Forest raises yearly dividend to 20 cents, names former Home Depot exec to board
Orlando Sentinel (Fla.) | 34 days 17 hours 46 minutes ago
GRAND RAPIDS, Mich. (AP) — Universal Forest Products Inc. said its board has increased its yearly dividend to 20 cents. It will be paid Dec. 15 to shareholders of record as of Dec. 1.
IMS Health shares jump on report that company is in sale talks with private-equity firms
Orlando Sentinel (Fla.) | 34 days 17 hours 30 minutes ago
NEW YORK (AP) — Shares of IMS Health Inc. jumped Monday after a media report indicated the health care data firm is collecting sales offers from private-equity firms.
Sonosite says patent lawsuit resolved with GE paying $21 million, royalty for license
Orlando Sentinel (Fla.) | 34 days 20 hours 16 minutes ago
BOTHELL, Wash. (AP) — SonoSite Inc. , a maker of hand -carried ultrasound devices, said Monday a patent lawsuit initiated by General Electric Co. has been resolved with the industrial conglomerate paying $21 million for royalties in exchange for a license.
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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 |
