Darden Rolls a Winner in Smokey Bones

ORLANDO-The locally based seafood restaurant chain with 1,168 national outlets plans to open 10 new barbecue locations next year after strong startup operations this year in Aurora, IL; Springfield, MA; Pontiac, MI; and Fairview Heights, IL near St. Louis.

By Alex Finkelstein | Updated on June 22, 2001

ORLANDO-Life is good these days at locally based Darden Restaurants Inc. Profits, stock price and new-store sales are all up.

The 1,168 seafood store chain closed fiscal 2001 on May 27 of this year with a net earnings of $197 million or $1.59 per share, up 21%, on revenue of $4.02 billion, up 9%.

That performance compared with a profit of $173 million or $1.31 per share on sales of $3.7 billion in fiscal 2000.

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