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Tag: Darden Restaurants

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Management Restaurants Retail Retailer

Darden Restaurants appoints Dave George as Executive Vice President and Chief Operating Officer

ORLANDO, Fla., 2018-Jan-24 — /EPR Retail News/ — Darden Restaurants, Inc. (DRI) today (January 22, 2018) announced the appointment of Dave George as Executive Vice President and Chief Operating Officer (COO), a new position within Darden. As COO, George will maintain his oversight of Olive Garden, Bahama Breeze, Seasons 52 and International Franchising while adding Cheddar's Scratch Kitchen to his leadership…
January 24, 20180Comments

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Business Financial Management Restaurants Retail Retailer

Darden Restaurants to release its fiscal 2017 fourth quarter financial results on Tuesday, June 27, 2017

ORLANDO, Fla., 2017-Jun-07 — /EPR Retail News/ — Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2017 fourth quarter financial results before the market opens on Tuesday, June 27, 2017, with a conference call to follow at 8:30 am ET.  Gene Lee, CEO, and other senior management will discuss fourth quarter results and…
June 7, 20170Comments

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Business Financial Management Restaurants Retail Retailer

Darden Restaurants to acquire Cheddar’s Scratch Kitchen for $780 million in an all-cash transaction

ORLANDO, Fla., 2017-Apr-25 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE:DRI) today (April 24, 2017) announced that it has completed the acquisition of Cheddar's Scratch Kitchen (Cheddar's) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners. This follows the agreement that was announced…
April 25, 20170Comments

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Business Management Restaurants Retail Retailer

Darden Restaurants to add Cheddar’s Scratch Kitchen to its portfolio of differentiated brands

ORLANDO, Fla., 2017-Mar-30 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) today (March 27, 2017) announced that it has agreed to acquire Cheddar's Scratch Kitchen (Cheddar's) for $780 million in an all-cash transaction from its stockholders including private equity firms L Catterton and Oak Investment Partners. Cheddar's will add to Darden's portfolio of…
March 30, 20170Comments

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Business Financial Management Restaurants Retail Retailer

Darden Restaurants declares regular quarterly cash dividend of $0.56 per share

ORLANDO, Fla, 2016-Oct-04 — /EPR Retail News/ — The Board of Directors of Darden Restaurants, Inc. (NYSE: DRI) declared a regular quarterly cash dividend of$0.56 per share on the Company's outstanding common stock.  The dividend is payable on November 1, 2016 to shareholders of record at the close of business on October 10, 2016. About Darden Darden…
October 4, 20160Comments

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Business Financial Management Restaurants Retail Retailer

Darden Restaurants to release its fiscal 2017 first quarter financial results on October 4, 2016

ORLANDO, 2016-Sep-15 — /EPR Retail News/ — Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2017 first quarter financial results before the market opens on Tuesday, October 4, 2016, with a conference call to follow at 8:30 am ET.  Gene Lee, CEO, and other senior management will discuss first quarter results and conduct a question…
September 15, 20160Comments

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Business Financial Management Restaurants Retail Retailer

Darden Restaurants to release its fiscal 2016 fourth quarter financial results on Thursday, June 30, 2016

ORLANDO, Fla., 2016-May-31 — /EPR Retail News/ — Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2016 fourth quarter financial results before the market opens on Thursday, June 30, 2016, with a conference call to follow at 8:30 am ET. Gene Lee, CEO, and other senior management will discuss fourth quarter results and conduct a question…
May 31, 20160Comments

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Business Financial Management Restaurants Retail Retailer

Darden Restaurants to release its Q2 FY2016 financial results on Friday, December 18, 2015

ORLANDO, Fla., 2015-11-25 — /EPR Retail News/ — Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2016 second quarter financial results before the market opens on Friday, December 18, 2015, with a conference call to follow at 8:30 am ET.  Gene Lee, CEO, and other senior management will discuss second quarter results and…
November 25, 20150Comments

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Business Management Restaurants Retail Retailer

Darden Restaurants completed its previously announced spin-off of select real estate and restaurant assets into Four Corners Property Trust, Inc.

Company will reduce approximately $1 billion in debt and affirms combined DRI and FCPT annualized dividend is expected to be at least $2.20 per share ORLANDO, Fla., 2015-11-10 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) ("Darden") announced today that it successfully completed its previously announced spin-off of select real estate and restaurant assets…
November 10, 20150Comments

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Business Management Restaurants Retail Retailer

Darden Restaurants, Inc’s board approved tax-free spin-off of select real estate and restaurant assets into Four Corners Property Trust, Inc

Transaction allows Darden to reduce approximately $1 billion in debt; Creates new opportunities for both companies to increase shareholder value ORLANDO, Fla., 2015-10-22 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) announced today that its board of directors has approved, subject to certain conditions, the tax-free spin-off (Spin-off) of select real estate and restaurant…
October 22, 20150Comments

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Business Management Retail Retailer

Darden Restaurants announces the appointment of Matt Broad as its SVP, General Counsel and Corporate Secretary

ORLANDO, Fla., 2015-10-13 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) today announced the appointment of Matt Broad as its Senior Vice President, General Counsel and Corporate Secretary, effective tomorrow, October 13, 2015.  In this role, Broad assumes responsibility for all legal affairs, including corporate governance, labor and employment law, development law, litigation…
October 13, 20150Comments

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Business Financial Management Retail Retailer

Darden Restaurants declared $0.55 per share regular quarterly cash dividend on its outstanding common stock

ORLANDO, Fla., 2015-9-21 — /EPR Retail News/ — The Board of Directors of Darden Restaurants, Inc., (NYSE: DRI) declared a regular quarterly cash dividend of $0.55 per share on the Company's outstanding common stock. The dividend is payable on November 2, 2015 to shareholders of record at the close of business on October 9, 2015. About Darden Darden…
September 21, 20150Comments

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Business Management Retail

Darden Restaurants, Inc. announces that Bill Lenehan has been named CEO of Four Corners Property Trust, Inc.

ORLANDO, Fla., 2015-8-18— /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) today announced that Bill Lenehan has been named CEO of Four Corners Property Trust, Inc., the real estate company that is expected to be separated from Darden later this year in a spin-off, split-off or similar transaction.  Four Corners is expected to elect…
August 18, 20150Comments

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Business Food & Beverage Management Restaurants Retail Retailer

Darden Restaurants, Inc. names Todd Burrowes President of LongHorn Steakhouse

ORLANDO, Fla., 2015-7-28 — /EPR Retail News/ — Darden Restaurants, Inc. (NYSE: DRI) today announced that Todd Burrowes has been named President of LongHorn Steakhouse, effective July 28, 2015.  Burrowes is rejoining the brand after spending the last two years as President, Ruby Tuesday Concept and Chief Operations Officer of Ruby Tuesday, Inc.  Previously, Burrowes…
July 28, 20150Comments

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Darden Restaurants scored 100 out of 100 on the Human Rights Campaign (HRC) 2015 Corporate Equality Index (CEI)

Orlando, Fla., 2014-11-26 — /EPR Retail News/ — For the third consecutive year, Darden Restaurants scored 100 out of 100 on the Human Rights Campaign (HRC) 2015 Corporate Equality Index (CEI), one of 366 companies to do so. The HRC’s annual index is a renowned national benchmarking tool for U.S. businesses in the increasingly important issue of…
November 26, 20140Comments

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