Darden Short on Financials

Darden eating place Inc. Bill Darden was 19 when he opened his forthset restaurant in 1938, The Green Frog in Waycross, Georgia. It was a 25 seat luncheonette which promised Service with a Hop. The first red-faced Lobster opened in Lakeland, Florida thirty years later in 1968 and became the largest adequate-service seafood dining confederation in the world. Bill Darden mentored Joe R. Lee who became deprivation Lobsters president in 1975. Darden restaurants Inc. split from General Mills and became a publicly traded company on the NYSE in 1995. The company is now headquartered today in Orlando, Florida with the Chairman and CEO of Clarence genus Otis Jr. Some of the Financial Highlights of the fiscal year of 2011 for Darden Restaurant Inc. are the Sales macrocosm at $7.5 billion. The gross direct profit is $478.7 million and the Total net income is $476.3. The market cherish of the Darden company is 5.5 million dollars. Some of the cay ratios for the Darden Company showtime for the First quarter of 2011 is the Current Ratio of .44 industry honest is 1.17. The quick ratio for Darden is .22 and the industry average is 1.04. Other key ratios will be with the asset management, such as the twenty-four hour period Sales outstanding at 3.4, with the industry average beign 1.5 and the union asset turnover being 1.4 and the industry average being .23.

The Darden company debuted on the New York Stock Exchange publicly on May 9, 1995. The shares started off selling at 10.75 for each one to the public and the issued 1,000,650 shares. The contemporary trade value of per share for Darden is %52.65 and the current book value is only at $13.34 Dividends paid out to shareholders over the last 5 years show a gradual increase starting around 2007 with the payments starting at $.59 per share. They went up by.17 in the year of 2008 to .76 per share. The gradual growth bowel movement continued up respectively in 2009 to .90 per share, in 2010 to 1.14 per share, and in 2011 to 1.50 per share. The purchase of Darden Restaurant INC. should be... If you want to get a full essay, order it on our website: Ordercustompaper.com

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