Red Lobster 2001 Annual Report Download - page 9

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7
Consistent earnings growth. Solid cash flow. Strong
balance sheet. Darden has the financial strength to take
advantage of a strong and growing industry. Our solid
capital structure – which has earned us strong investment
grade credit ratings and flexible access to capital – also
enables us to invest in keeping Red Lobster and Olive
Garden fresh and vibrant, expanding each of our exist-
ing companies, and developing new businesses to pro-
pel growth for years to come.
The Financial Resource
“Six years ago, DRI spun-out from General
Mills … Steadily over this time, the company
has successfully accomplished what amounts
to a strategic reinvention of itself, excelling
operationally and recovering financially.”
Peter Oakes – First Vice President,
Securities Research & Economics, Merrill Lynch
June 26, 2001
“We believe Darden’s earnings growth story
will continue to succeed …”
John Ivankoe – Vice President, Equity Research Analyst,
JP Morgan
June 22, 2001
“The company is a well-positioned play
on the growth of the casual dining sector.”
Joe Buckley – Senior Managing Director,
Bear Stearns
June 25, 2001
These remarks are excerpts from reports by independent
third parties based on information available to the public as
of the date of the report. The Company does not endorse
any particular report in whole or in part and should not be
considered to have reviewed or approved any such report or
the basis thereof.
A Great Place:
Behind “DRI” On The Tape