FINANCIAL HIGHLIGHTS

DARDEN RESTAURANTS

* After-tax restructuring credits of $5.2 million and $5.2 million were taken in 2000 and 1999, respectively, as the Company reversed portions of its 1997 restructuring liability. The liability pertains to a fiscal 1997 restructuring and asset impairment charge related to restaurant properties that were previously identified in 1997 as low performing. During 2000, an after-tax asset impairment charge of $1.6 million was taken related to additional write-downs of impaired properties.

 
 

© 1999 Darden Corporation. All rights reserved.