darden frood chain

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Title: darden frood chain

Essay Details:

Subject: Business

Author: Helen J

Date: March 6, 2015

Level: University

Grade: A

Length: 2 / 427

Essay text:

Furthermore, operating expenses on the income statement reported 5.24 billion with a net income of 338.2 million which is an increase of 16.4 percent from fiscal 2005 net income. Sales were 5.72 billion for the whole company in fiscal 2006 which demonstrated an 8.4 percent growth from the previous year. This was a direct result of a 46 store expansion and a U.S. net sales increase in Red lobster, Olive Garden, and Bahama Breeze. Darden Inc had several commitments and contingencies in 2006 that made them liable for guarantee of subsidiary obligations under the standby letters of credit. They included workers compensation and general liabilities that totaled $77,181 and contractual operating lease obligations and other payments the totaled $ 12,625...

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