Red Lobster 2006 Annual Report Download - page 4

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2006FinancialHighlights OperatingCompanyOverview
Olive Garden
Olive Garden helped define the Italian segment of casual dining when
it opened in 1982 and today is the world’s largest full-service Italian
restaurant company, with 576 restaurants in the United States and
six in Canada. Olive Garden posted its 47th consecutive quarter of
U.S. same-restaurant sales growth in fiscal 2006, and sales totaled
$2.6 billion, an average of $4.6 million per restaurant.
Smokey Bones
Smokey Bones Barbeque & Grill is one of Darden’s newer brands, with 126
restaurants in 28 states. Since opening in 1999, the brand has offered
great-tasting genuine barbeque and other American favorites in a mountain-
lodge setting with televised sports viewing. In fiscal 2006, Smokey Bones
had sales of $337 million, an average of $2.9 million per restaurant.
Bahama Breeze
Bahama Breeze is the restaurant that brings you the feeling of a Caribbean
escape, offering the food, drinks and atmosphere you would find in the
islands. Now in its 11th year, Bahama Breeze operates 32 restaurants
in 19 states and had sales of $166 million in fiscal 2006, an average of
$5.2 million per restaurant.
Seasons 52
Seasons 52, the newest test concept developed by Darden’s New Business
team, celebrates living well by offering a seasonally inspired and health-
ier dining option. Debuting in 2003, Seasons 52 continued its initial test
phase in fiscal 2006 with the opening of two additional Florida locations.
The fresh grill restaurants feature lower-calorie, nutritionally balanced
meals, complemented by quality wines from around the world.
Red Lobster
An American icon that helped change the nations dining habits, Red
Lobster has been the market leader in casual dining seafood since the first
restaurant opened in 1968. With 651 restaurants in the United States and
31 in Canada, Red Lobster’s fiscal 2006 sales were $2.6 billion, an average
of $3.8 million per restaurant.
ShareholderInformation
Financial Review 2006
Transfer Agent, Registrar and
Dividend Payments
Wells Fargo Shareowner Services
161 N. Concord Exchange
South St. Paul, MN 55075-1139
Phone: (877) 602-7596 or (651) 450-4064
www.wellsfargo.com/com/shareowner_services
Address correspondence as appropriate
to the attention of:
Address Changes
Stock Transfers
Shareholder Services
Independent Registered Public Accounting Firm
KPMG LLP
111 North Orange Avenue
Suite 1600
Orlando, FL 32801
Phone: (407) 423-3426
Form 10-K Report
Shareholders may request a free copy of our
Form 10-K, including schedules but excluding
exhibits, by writing to:
Investor Relations, Darden Restaurants, Inc.,
P.O. Box 593330, Orlando, FL 32859-3330
Shareholder Reports/Investor Inquiries
Shareholders seeking information about Darden Restaurants
are invited to contact the Investor Relations Department at
(800) 832-7336. Recorded summaries of quarterly earnings
announcements and other news are available on the toll-free
line. Shareholders may also request to receive, free of charge,
copies of quarterly earnings releases.
Information may also be obtained by visiting our Web site at
www.darden.com. Annual reports, SEC lings, press releases, and
other Company news are readily available on the Web site.
Our Web site also includes corporate governance information,
including our Corporate Governance Guidelines, Code of Business
Conduct and Ethics, and board committee charters, including the
charters for our Audit, Compensation and Nominating and
Governance Committees. We believe we are in compliance with
the applicable corporate governance listing standards of the
New York Stock Exchange, as of the date of this report.
Darden Restaurants Being of Service Report
To receive a copy of the 2006 Darden Restaurants Being of Service
Report, mail a request to the Foundation Administrator, Darden
Restaurants, Inc., P.O. Box 593330, Orlando, FL 32859-3330, or
visit our Web site at www.darden.com.
Notice of Annual Meeting
The Annual Meeting of Shareholders will be held at 10:00 a.m.
Eastern Daylight Savings Time on Friday, September 15, 2006, at
The Peabody Hotel, 9801 International Drive, Orlando, FL 32819.
As of the close of business on July 24, 2006, we had 37,327
shareholders of record.
Markets
New York Stock Exchange
Stock Exchange Symbol: DRI
Certifications
We have led as exhibits to our Annual Report on Form 10-K
for the year ended May 28, 2006, the Chief Executive Ofcer and
Chief Financial Ofcer certications required by Section 302 of
the Sarbanes-Oxley Act. We have also submitted the required
annual Chief Executive Ofcer certication to the New York
Stock Exchange.
Company Address
Darden Restaurants, Inc.
5900 Lake Ellenor Drive
Orlando, FL 32809
Phone: (407) 245-4000
Mailing Address
Darden Restaurants, Inc.
P.O. Box 593330
Orlando, FL 32859-3330
Web Site Addresses
www.darden.com
www.redlobster.com
www.olivegarden.com
www.bahamabreeze.com
www.smokeybones.com
www.seasons52.com
Darden Restaurants 2006 Annual Report
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