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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
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  "presentationDate": "2014-03-31 00:00:00",
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      "text": "Total units increased 83% since 2001 and Darden’s SG&A margin increased 15bps while EBITDA margin improved by only 15bps",
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      "text": "Because Darden is a restaurant conglomerate, one would expect greater economies of scale in SG&A.\nSince 2001, Darden approximately doubled both its total revenue and unit count, but SG&A as a % of sales has gotten worse.",
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