Darden Restaurants, Inc. Is the turnaround happening?

Keywords

corporate turnaround, financial evaluation, Darden Restaurants, turnaround management, strategy, operational rebound

Abstract

This case study discusses the recent strategic turnaround of the largest casual U.S. restaurant corporation, Darden Restaurants Inc. (NYSE:DRI). It explores the various reasons for a sharp decline in Darden's growth and disappointing operational performance in recent years. It also examines the strategic measures taken by newly formed executive board for the company's operational rebound. This case further details the implementation of the revival plan by performing a critical longitudinal financial assessment. Lastly, the company's turnaround efforts and future prospects to re-energize its brands in the market are discussed.

Publication Date

1-1-2017

Document Type

Article

Language

English

Source Title

Journal of Hospitality and Tourism Cases

Volume

6

Issue

1

College

Rosen College of Hospitality Management

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