Darden Restaurants, Inc. Is the turnaround happening?
corporate turnaround, financial evaluation, Darden Restaurants, turnaround management, strategy, operational rebound
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.
Journal of Hospitality and Tourism Cases
Rosen College of Hospitality Management
Kizildag, Murat; Okumus, Fevzi; and Murphy, Kevin S., "Darden Restaurants, Inc. Is the turnaround happening?" (2017). Faculty Scholarship and Creative Works. 701.