March 25, 2021
Darden Restaurants Reports Fiscal 2021 Third Quarter Results; Announces Team Member Investments; Declares Quarterly Dividend; Authorizes New $500 Million Share Repurchase Program; And Provides Fiscal 2021 Fourth Quarter Outlook
Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the third quarter ended February 28, 2021. Statement from Gene Lee, Chairman and CEO. It is hard to believe that it has been a year since the pandemic began to significantly impact our business. The strategy we developed six years ago — focused on executing our Back-to-Basics operating philosophy and strengthening our competitive advantages — has provided a strong foundation to help us navigate this period of unprecedented change and uncertainty. Our people are our greatest competitive advantage, which is why we have invested approximately $200 million since March 2020 in programs benefiting our team members including Paid Sick Leave, Emergency Pay, and paid time off to receive the COVID-19 vaccine. And today, I am proud to announce two additional investments. First, we are investing approximately $17 million to provide a one-time bonus for our hourly restaurant team members in recognition of their hard...
March 1, 2021
Darden Restaurants To Host Fiscal 2021 Third Quarter Conference Call On March 25
Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2021 third quarter financial results before the market opens on Thursday, March 25, 2021, with a conference call to follow at 8:30 am ET. Gene Lee, CEO, and other senior management will discuss third quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Restaurants, Inc. Fiscal 2021 Third Quarter Earnings Conference Call
When: 8:30 am ET, Thursday, March 25, 2021
Where: https://www.webcaster4.com/Webcast/Page/1007/40153
How: Live over the Internet – Simply log on to the web at the address above or, to access via the telephone, please dial 1-833-470-0145 and provide the conference passcode 2954259. About Darden Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch...
January 27, 2021
Darden Restaurants Helps Feeding America® Food Banks In Five States Add Mobile Food Pantries To Serve Communities In Need
January 27, 2021 by Darden Restaurants New grant from charitable arm of Olive Garden parent company will help increase access to food in communities of color As part of the company’s ongoing efforts to fight hunger, Darden Restaurants has partnered with Feeding America® to enhance mobile food pantry programs in areas with higher levels of food insecurity, including communities of color. Through a $500,000 grant from the Darden Restaurants, Inc. Foundation and additional support from Darden’s partners, Penske Truck Leasing and Lineage Logistics, five Feeding America food banks will each receive a 26-foot refrigerated box truck to help increase access to nutritious food and address transportation needs. “As a restaurant company, we are uniquely positioned to make a meaningful difference in the fight against hunger, and we are proud to partner with Feeding America to make a positive impact in communities where it is needed most,” said Gene Lee, Chairman and CEO of Darden. “Mobile...