ORLANDO Fla. Even though same-store sales fell for each brand under Darden Restaurants Inc., the parent to Red Lobster, Olive Garden and other casual-dining chains, the company credited lower food and energy costs for helping it log a 15-percent increase in first-quarter profit.Darden said net income for the quarter ended Aug. 30 totaled $94.3 million, or 67 cents a share, compared with $82.1 million, or 58 cents a share, in the same quarter a year earlier. Sales fell 2.3 percent to $1.73 ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.


Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Questions about your account or how to access content? 

Contact: Desiree Torres Desiree.Torres@penton.com 

Already registered? here.