Darden Restaurants Inc., operator of Olive Garden, Red Lobster and additional casual-dining chains, is planning an aggressive growth strategy for the next five years, which may include the acquisition or development of new brands. The company said this week during its annual shareholder meeting that it projects annual revenue to increase between $3 billion and $4 billion in the next five years, over the $7.53 billion it generated in fiscal 2011. Orlando-based Darden plans to acquire and ...
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Contact: Desiree Torres Desiree.Torres@penton.com