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  "docSlug": "416ab93b6285",
  "documentTitle": "Darden Restaurants, Inc. (DRI)",
  "authorId": "03_Starboard_Value",
  "authorName": "Jeffrey C. Smith",
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  "presentationDate": "2014-09-11 00:00:00",
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  "pageNumber": 29,
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  "notes": "Uses red arrows to indicate negative trends (downward for performance, upward for turnover).",
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      "kind": "callout",
      "text": "Darden has been mismanaged for years and is now a conglomerate of restaurant concepts – the largest of which, Olive Garden, is in desperate need of a turnaround.",
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      "text": "SG&A as a % of sales",
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      "text": "EBITDA margin: 7.3%",
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      "kind": "source-note",
      "text": "Source: Capital IQ, Company filings, and Knapp-Track. Note: Knapp-Track is the casual dining composite benchmark. (1) Fully-leased EBITDA margin, see slide 31 for details.",
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