NY -- Standard & Poor's CreditWire 3/27/98 -- Standard & Poor's today revised its ratings outlook on Darden Restaurants Inc. to stable from negative. At the same time, Standard & Poor's affirmed its triple-'B'/`A-2' corporate credit ratings, as well as its triple-'B' ratings on Darden's senior notes and bank credit facility. The `A-2' rating on Darden's commercial paper is also affirmed. The outlook revision is based on Standard & Poor's belief that management's turnaround efforts, which started 18 months ago, to focus on the basics of the restaurant operations have met early success. Results for the third quarter ended Feb. 22, 1998 were substantially better, aided by the initial recovery of Red Lobster, and by the continued improvements at The
