The company contends it is the world's largest casual seafood restaurant company and has the numbers to back up that claim.

In an Aug. 16, 10-K filing with the Securities and Exchange Commission, Darden reports fiscal 2001 net earnings of $197 million or $1.59 per diluted share ($1.64 basic share) on sales of $4.02 billion versus $173,1 million or $1.31 per diluted share ($1.35 basic share) on revenue of $3.7 billion in fiscal 2000.

Net earnings were up 13.8%.The company's fiscal year ended May 27. Darden's restaurant operating profit alone was $886.43 million in 2001; $800.55 million in 2000; and $713.19 million in 1999.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.