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Includes two testimonials and a performance chart comparing Office Depot to the S&P 500.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor 2 hits
23
Darden Restaurants, Inc. (DRI)Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor 2 hits
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The slide uses a specific time window (May 15, 2014 – July 27, 2014) to isolate the market reaction to the Red Lobster sale.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
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Uses a classic 'Problem vs. Solution' framing common in activist investor decks.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
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The chart uses a 'fully-leased' adjustment to normalize for real estate ownership differences.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
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The slide uses a dual-chart layout to show the inverse relationship between capital deployment and return on capital.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
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Uses strong, accusatory language to frame the Board's actions as a breach of fiduciary duty.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
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Uses a waterfall bridge to isolate the implied value of the operating business.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
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The slide uses the Red Lobster transaction as a 'case study' to reinforce the broader activist campaign against the Darden board.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The MonsterLoop · Cost Of Inaction2 hits
42
Uses a 'before-after' visual comparison for two different restaurant chains to highlight a recurring strategic error.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
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The slide uses a yellow highlight to identify specific directors nominated for the 2014 Annual Meeting.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
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Uses a contrast-based argument to frame the activist slate as more qualified for the specific task of CEO succession.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
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The slide uses a 'villain' framing to characterize the Board's actions as self-serving.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
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Includes a quote from Glass Lewis to bolster the argument.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
56
Uses three bar charts to compare Darden (highlighted in yellow) against a peer group across market cap, revenue, and 3-year TSR.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
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This is a classic activist closing slide summarizing the thesis and providing a clear call to action.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Struggle2 hits
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The slide uses a numbered list to define the core pillars of a successful restaurant company.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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Uses a historical quote to frame the current management as having strayed from the company's own stated values.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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The slide highlights Chuck Sonsteby's role as a nominee and former CFO of Brinker.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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Darden Restaurants, Inc. (DRI)Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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The chart uses a timeline-based annotation style to correlate strategic events with stock performance.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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Uses a 'before-after' framing to suggest a specific turnaround strategy based on historical precedent.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
86
Uses Brinker as a precedent to argue for Darden's turnaround potential.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
96
The slide uses a gap analysis framework to argue for operational efficiency improvements.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
97
Includes photos of the corporate office to emphasize 'lavish excess'.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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Uses red dashed boxes to highlight the 'new' added layers in both field and restaurant structures.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
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Includes a callout box for 'Areas not quantified' to manage expectations.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
108
Includes a specific example of chicken weight tolerance and a photo of a branded Red Lobster bag as a 'Cadillac' example of over-specification.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
111
The slide uses a specific example of packaging to illustrate the broader thesis of over-engineering in indirect spend.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits
112
Includes a 'Proved successful for Brinker' callout, indicating a precedent-based argument.Darden Restaurants, Inc. (DRI) · Jeffrey C. Smith
Activist deck Activist investor Beat · The Victory2 hits