Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the fourth quarter and fiscal year ended May 31, 2020, which included a 53rd week of operations compared to 52 weeks last year. Statement from Gene Lee, CEO. The strategy we put in place five years ago helped us successfully navigate one of the most challenging periods in our Company's history. When our dining rooms closed, our operators did an amazing job of reimagining the guest experience by staying true to our back-to-basics operating philosophy. We benefited greatly from our competitive advantages that form the foundation of our strategy, especially our scale and our culture. Our scale allowed us to quickly react to constant change, while our team members displayed tremendous innovation, flexibility and passion as they continued to serve our guests. I'm incredibly proud of our teams and that our culture grew stronger during this time. The full-service restaurant industry plays a vital role in our...

Darden Restaurants, Inc., (NYSE: DRI) today provided an update of certain business results given the dynamic environment resulting from COVID-19. "As we continue to reopen our dining rooms, we remain dedicated to providing a safe environment for our team members and guests," said CEO Gene Lee. "Early signs show that our loyal guests are grateful for the opportunity to dine-in with us, and they appreciate the added safety measures we have implemented. At the same time, our To Go business remains strong. I am pleased that we are able to return some team members from furlough to support these phased openings, and we look forward to safely serving more guests as more communities begin to reopen." Business Update For the fourth quarter to date through Sunday, May 17, Darden same-restaurant sales declined 47.9%. Beginning April 27, we began reopening dining rooms limited to between 25% - 50% capacity, depending on local or state regulations.  As of May 17, we had 49% of our dining rooms...