Moody's Ratings affirms Darden's ratings
Moody's Ratings (Moody's) today affirmed Darden Restaurants, Inc.'s (Darden) ratings, including its Baa2 senior unsecured ratings, (P)Baa2 senior unsecured shelf rating, (P)Baa2 medium term note program rating and Prime-2 short-term commercial paper rating. The outlook remains stable. The affirmat...Darden Restaurants is a restaurant company. The company owns and operates restaurants through subsidiaries in the U.S. and Canada under the Olive Garden?, LongHorn Steakhouse?, Cheddar's Scratch Kitchen?, Yard House?, The Capital Grille?, Seasons 52?, Bahama Breeze?, and Eddie V's Prime Seafood? trademarks. The company has four reportable segments: Olive Garden; LongHorn Steakhouse; Fine Dining (which includes The Capital Grille and Eddie V's); and Other Business (which includes Cheddar's Scratch Kitchen, Yard House, Seasons 52, Bahama Breeze and results from its franchise operations).
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