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  "documentTitle": "Darden Restaurants, Inc. (DRI)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
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  "presentationDate": "2014-03-31 00:00:00",
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      "text": "Despite being more than twice the size of the 2nd biggest peer and ~7x the peer average, Darden is among the least efficient.",
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      "text": "Excess layers of management: At almost all levels of corporate, Darden employs an exceptionally high number of executives... Unfocused advertising spend: Darden's advertising strategy has focused mostly on expensive and ineffective national TV campaigns.",
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      "text": "Source: Capital IQ.",
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      "text": "Although Darden has the most scale in the casual dining industry, it has failed to capitalize on margin expansion to drive shareholder value.",
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