Economics Homework Help

Choose a time period to help project future revenue growth for Darden Restaurants

 

Darden Restaurants, Inc. (NYSE:DRI) in March, 2020 wants to project…

Darden Restaurants, Inc. (NYSE:DRI) in March, 2020 wants to project revenue growth for the next year. The pandemic has just started to severely impacted operations. DO NOT consider information dated after March 2020; no one advising Darden knows that information in March. In few words explain important points. can include graphs, tables, and other supporting evidence in an appendix. here are questions to address

  1. Is there a similar time period; if so, when?
  • Part A: Investigate stock returns for Darden over time.
  • Part B: Investigate the Dow Jones U.S. Restaurants & Bars Index at https://www.marketwatch.com/investing/index/djusru…
  • Part C: Investigate Darden’s revenue growth on Darden’s Income statement from 1994 to 2020 for periods when there was a fall-off in revenues; DO NOT use Capital IQ revenue numbers in your calculations for revenue growth that are labeled “Reclassified.”
  • 2. What in Darden Restaurants, Inc. analysts’ transcripts supports the period, if any, that you chose?
  • 3 Summarize any critical pros and cons for the comparison period, that we would recommend, so we can present an unbiased view of our recommendation. If we are recommending no comparable period, what is our credible reason why?
  • 4 State evidence and logic for choosing a comparison period followed by the revenue growth rate that we recommend for forecasting revenue growth over the April 2020 to March 2021 time period. If we say there is no comparison period, credibly explain why.