Darden Restaurants Inc has canceled its analyst and investor meeting slated for later this month as two activist shareholders lobby for bolder steps to improve performance at its chain eateries, ranging from Olive Garden to Capital Grille.Rather than hold the meeting, which was scheduled for March 28, the company will meet individually with analysts and investors, a spokesman said on Wednesday.Darden is the biggest U.S. operator of full-service restaurant chains as measured in outlets."We're taking it on the road," said spokesman Rich Jeffers. "We're reaching out to everyone who was planning to attend."
Darden Restaurants, Inc. is a full service restaurant company. Shares of DRI fell by 1.4% or $-0.68/share to $47.94. In the past year, the shares have traded as low as $44.78 and as high as $55.25. On average, 1742510 shares of DRI exchange hands on a given day and today's volume is recorded at 2031324.
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