Darden Restaurants, Inc.

News and overview for Darden Restaurants, Inc.

Darden Restaurants' lobbying costs are a little less this year
Orlando Sentinel (Fla.) | 27 days 16 hours 53 minutes ago
H ealth-care reform is among the big issues on which Orlando-based Darden Restaurants has lobbied Congress, according to federal reports filed earlier this month.


Darden Restaurants Reports 16% Increase in First Quarter Diluted Net Earnings Per Share; Announces Quarterly Dividend of 25 Cents Per Share [Press Release]
PRNewswire | 53 days 23 hours 14 minutes ago
ORLANDO, Fla., Sept. 29 /PRNewswire-FirstCall/ -- Darden Restaurants, Inc.


Darden Restaurants, Inc. Announces New Board Member [Press Release]
PRNewswire | 19 days 16 hours 17 minutes ago
...PRNewswire-FirstCall/ -- Darden Restaurants, Inc. has elected Victoria D...technology and operations. Darden Restaurants, Inc. , the world's largest...20050203/FLTH026LOGO Darden Restaurants Inc.: General CONTACT...


Darden Restaurants Opens New, State-of-the Art Corporate Headquarters [Press Release]
PRNewswire | 53 days 2 hours 43 minutes ago
ORLANDO, Fla., Sept. 30 /PRNewswire-FirstCall/ -- Today, Darden Restaurants celebrated the opening of its new Restaurant Support Center (RSC), which was designed to achieve Gold certification for Leadership in Energy and Environmental Design (LEED) for New Construction (NC) from the United States Green Building Council (USGBC). Upon final certification from the USGBC, it will become the largest LEED Gold NC building in Florida.


Fitch 2010 U.S. Restaurant Outlook: Modest Improvement in Sales Anticipated by Late 2010 [Press Release]
Business Wire | 4 days 5 hours 55 minutes ago
Fitch Ratings expects sales trends for U.S. restaurants to improve modestly during the second half of 2010, therefore the outlook for Fitch's universe of coverage remains stable heading into next year. Due to continued weakness in consumer discretionary spending, same-store sales (SSS) trends for the restaurant industry remain negative and near-term visibility is limited. Nonetheless, Fitch believes personal consumption and consequently restaurant traffic could improve as the economy continue...


Darden Restaurants To Host Its FY10 First Quarter Conference Call on the Internet [Press Release]
PRNewswire | 54 days 7 hours 30 minutes ago
...PRNewswire-FirstCall/ -- Darden Restaurants, Inc., will host its Fiscal...after the call. What: Darden Restaurants, Inc. First Quarter Earnings...at the address above Darden Restaurants, Inc., headquartered in Orlando...


Create your own seafood feast or wine label
Orlando Sentinel (Fla.) | 8 days 15 hours 41 minutes ago
Darden Restaurants has some new promotions at two of its chains.


Zacks Analyst Blog Highlights: Red Robin Gourmet Burgers Inc., Darden Restaurants Inc., Brinker International Inc., Cosi Inc. and Tower Group Inc. [Press Release]
Business Wire | 12 days 21 hours 47 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Red Robin Gourmet Burgers Inc. (Nasdaq: RRGB), Darden Restaurants Inc. (NYSE: DRI), Brinker International Inc. (NYSE: EAT), Cosi Inc. (Nasdaq: COSI) and Tower Group Inc. (Nasdaq: TWGP).


Brinker International Names Wyman Roberts President of Chili's Grill & Bar and On The Border Mexican Grill & Cantina [Press Release]
PRNewswire | 1 day 17 hours 23 minutes ago
...Brinker International, Inc. , has named Wyman Roberts...17-year veteran of Darden Restaurants, Inc., where he held numerous...Brinker International, Inc. , is one of the world...franchises nearly 1,700 restaurants in 29 countries and two...


LongHorn Steakhouse Brings the Spirit of the West to Wisconsin [Press Release]
PRNewswire | 74 days 23 hours 44 minutes ago
...Steakhouse operates more than 300 restaurants in 29 states. LongHorn is a division of Darden Restaurants, Inc. , the world's largest full...prnh/20090223/FL74289LOGO Darden Restaurants Inc.: General CONTACT: Melissa...


Reportlinker Adds Profit Foodservice - Global Group of Eight (G8) Industry Guide Report [Press Release]
Business Wire | 39 days 9 hours 42 minutes ago
Reportlinker.com announces that a new market research report is available in its catalogue.


Critical Alerts for Amazon.com, US Steel, Southwestern Energy, Darden Restaurants, and Embraer Released by Seven Summits Research [Press Release]
PRNewswire | 110 days 5 hours 46 minutes ago
...Steel, Southwestern Energy, Darden Restaurants, and Embraer Released by Seven...following stocks: Amazon.com, Inc. , United States Steel Corp. , Southwestern Energy Co. , Darden Restaurants Inc. , and Embraer S.A. . In...


Darden Restaurants elects new board member
Orlando Sentinel (Fla.) | 19 days 22 hours 1 minute ago
Orlando-based Darden Restaurants has elected Victoria D. Harker, executive vice president and chief financial officer of The AES Corporation , to its board of directors effective today.


Darden to develop LongHorn restaurants in San Antonio
American City Business Journals | 6 days 1 hour 26 minutes ago
LongHorn Steakhouse is planning on opening three new restaurant locations in San Antonio in early 2010.


LongHorn Steakhouse Brings the Spirit of the West to Waterford [Press Release]
PRNewswire | 111 days 6 hours 16 minutes ago
...s Favorite Steakhouse in 2008 by Restaurants & Institutions annual Consumers' Choice...LongHorn Steakhouse operates more than 300 restaurants in 30 states. LongHorn is a division of Darden Restaurants, Inc. , the world's largest full-service...





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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