Darden Restaurants, Inc. (Darden) operates a full-service restaurant company and served approximately 404 million meals during the fiscal year ended May 31, 2009 (fiscal 2009). As of May 31, 2009, the Company operated through subsidiaries 1,773 restaurants in the United States and Canada. In the United States, the Company operated 1,738 restaurants in 49 states (the exception being Alaska), including 661 Red Lobster, 685 Olive Garden, 321 LongHorn Steakhouse, 37 The Capital Grille, 24 Bahama Breeze, eight Seasons 52 and two specialty restaurants: Hemenway’s Seafood Grille & Oyster Bar and The Old Grist Mill Tavern. In Canada, it operated 35 restaurants, including 29 Red Lobster and six Olive Garden restaurants.
Quick Financial Synopsis
BRIEF: For the thirteen weeks ended 30 August 2009, Darden Restaurants, Inc.'s revenues decreased 2% to $1.73B. Net income from continuing operations increased 15% to $95M. Revenues reflect a decrease in income from Red Lobster restaurant sales and lower income from Longhorn Steakhouse's restaurant sales. Net income was offset by a substantial decrease in food & beverage expenses and lower restaurant expenses.
Company Address
Darden Restaurants, Inc.
5900 Lake Ellenor Drive Orlando FL 32809
P: +1407.2454000 F: +1407.2454989