Red Lobster 2007 Annual Report Download - page 5

Download and view the complete annual report

Please find page 5 of the 2007 Red Lobster annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 64

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64

3
Overview
Y
Olive Garden
Olive Garden helped define the Italian segment of casual
dining when it opened in 1982 and today is the worlds largest
full-service Italian restaurant company, with 608 restaurants
in the United States and six in Canada. Olive Garden posted its
51st consecutive quarter of U.S. same-restaurant sales growth
in fiscal 2007, and sales totaled $2.8 billion, an average of
$4.7 million per restaurant.
Bahama Breeze
Bahama Breeze brings you the feeling of a Caribbean escape,
offering the delicious food, refreshing drinks and atmosphere
you would find in the islands. Now in its 12th year, Bahama
Breeze operates 23 restaurants in 12 states and had sales from
continuing operations of $138 million in fiscal 2007, an average
of $6.0 million per restaurant.
Seasons 52
Seasons 52, Darden’s newest concept, celebrates living well
and offers the sensational flavors of a seasonally inspired
menu. Debuting in 2003, Seasons 52 continued its growth in
fiscal 2007 with the opening of two Georgia locations and now
operates seven restaurants. These fresh grill restaurants feature
delicious, lower-calorie meals, complemented by quality wines
from around the world. Seasons 52’s fiscal 2007 sales were nearly
$40 million, an average of $6.4 million per restaurant.
Red Lobster
An American icon that helped change the nation’s 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 29 in Canada,
Red Lobsters fiscal 2007 sales were $2.6 billion, an average
of $3.8 million per restaurant.