{
  "docId": "019dd923-622b-71dc-a6d9-b7733990b4fe",
  "docSlug": "9c639b8b1898",
  "documentTitle": "Darden Restaurants, Inc. (DRI)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2014-03-31 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 33,
  "pageCount": 108,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "villain_critique",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses a direct quote from a Darden presentation to frame the critique.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "bullet_list"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6d9-b7733990b4fe/33",
  "deckHref": "/decks/019dd923-622b-71dc-a6d9-b7733990b4fe",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6d9-b7733990b4fe.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6d9-b7733990b4fe#slide-33",
  "components": [
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.82
      },
      "kind": "callout",
      "text": "If these objectives can be met inside of Darden, why not keep Red Lobster within Darden in order to fully explore real estate options?",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "39479840-acf4-4543-bb12-f5ede31451d3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.73
      },
      "kind": "callout",
      "text": "This plan does not specifically address how to accomplish a successful operational turnaround.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "95b129be-e6ee-497d-9dda-c98b21271645",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.88,
        "x": 0.06,
        "y": 0.28
      },
      "kind": "list",
      "text": "Three-Pronged Approach and Multi-Year Plan to Drive Sales and Profitability: Greater focus on seafood quality, craveability and variety; Serve the freshest ingredients; Improve product offerings; Streamlining restaurant operations; More tailored marketing",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ea5b28e3-c373-40f3-9b1b-0c05b6f171e2",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.8,
        "x": 0.03,
        "y": 0.16
      },
      "kind": "paragraph",
      "text": "The Company’s “three-pronged approach and multi-year plan to drive sales and profitability” is unimpressive and vague.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6bb53a89-0c13-4aea-a22a-1709e7879c7a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.94,
        "x": 0.03,
        "y": 0.63
      },
      "kind": "paragraph",
      "text": "Further, even these weak turnaround initiatives can easily be achieved within Darden. Red Lobster does not need to be a standalone company to effect change.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8491489b-6e30-401c-abcc-193885a2aeac",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "Three-Pronged Approach and Multi-Year Plan to Drive Sales and Profitability — Darden's March 3rd presentation.",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-203e-77ad-a6a8-542c7cfe36a3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.15,
        "x": 0.03,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "Source: Company presentation.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "75641cf9-e4cd-46bb-b4e9-0030cd012e4b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.94,
        "x": 0.03,
        "y": 0.04
      },
      "kind": "title",
      "text": "The Company’s announced initiatives to turn around Red Lobster are weak",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "082451df-4dfc-4b12-a430-14d8d1da5ed6",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "ceo-quote-contradiction",
      "slug": null,
      "matchId": "66f3c319-1313-4d54-a036-ae98ce565ef4",
      "evidence": "The slide quotes the company's plan and immediately labels it 'unimpressive and vague' to expose a contradiction.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}