Leadership in casual dining and long history of success in the restaurant industry; Sound financial position and consistent profitability; and Consistent cash flows and improved credit protection measures. Participation in highly competitive industry with limited avenues for growth. The ratings on Orlando, Fla.-based Darden Restaurants Inc. reflect the company's relatively good position in the casual-dining industry, geographic and concept diversity, and the good cash flow and profitability of its restaurants. These strengths are partially offset by the company's participation in the intensely competitive casual-dining sector of the restaurant industry. Darden is the largest full-service casual-dining restaurant company in the U.S., operating 1,400 Red Lobster, Olive Garden, Bahama Breeze, and Seasons 52 restaurants. Standard&Poor's Ratings Services believes the acquisition
