Darden Restaurants, Inc.
News and overview for 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 1,770 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 |