Red Lobster 2012 Annual Report Download - page 14

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Red Lobster ended the fiscal year with
704 restaurants and has the ultimate
potential for 800 total locations. During
the next several years, the brand will
slow new-unit development to focus on
remodeling existing restaurants. With
its high return on sales and strong cash
flow, Red Lobster serves an important
role helping fund growth and our return
of capital to shareholders.
RED LOBSTER
Olive Garden ended the fiscal year with
792 restaurants and has the ultimate
potential for 925 to 975 total locations.
We expect to open more than 125 new
restaurants by fiscal 2017, which will
generate annual sales of $700 million
and annual operating profit of $110 million.
With its combination of a high return on
sales, strong cash flows and meaningful
new-unit capacity, Olive Garden is both a
growth engine and growth funder within
our portfolio.
OLIVE GARDEN
500
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RESTAURANTS
10 Darden Restaurants, Inc. 2012 Annual Report