DARDEN RESTAURANTS INC
Darden Restaurants, Inc. is a full-service restaurant company based in Orlando, Florida. The company, which was incorporated in March 1995, is the parent company of GMRI, Inc., and owns and operates 1,914 restaurants through subsidiaries in the United States and Canada under the Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V’s, and The Capital Burger trademarks. The company's fiscal year ends on the last Sunday of May. Darden Restaurants' business strategy is to strengthen the core operational fundamentals of the business by providing an outstanding guest experience rooted in culinary innovation, attentive service, engaging atmosphere, and integrated marketing. The company's operating philosophy is focused on expanding its strong multi-unit brands and leveraging its scale, insights, and experience to protect uniqueness and competitive advantages. The company's business is segmented into four reportable segments: Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille and Eddie V’s), and Other Business (which includes Cheddar’s Scratch Kitchen, Yard House, Bahama Breeze, Seasons 52, The Capital Burger, and results from its franchise operations). Darden Restaurants' website is www.darden.com, and its common stock is traded on the New York Stock Exchange under the ticker symbol "DRI". The company's acquisition of Ruth's Hospitality Group, Inc. was completed on June 14, 2023, and there was no impact on its consolidated financial statements or operations. Ruth's Chris Steak House had 155 locations around the globe as of the closing, including 81 company-owned or company-operated restaurants and 74 franchised restaurants.