Darden ups annual outlook on improved sales

ORLANDO Fla. Darden Restaurants Inc. upped its full-year earnings guidance on Tuesday as its sales and traffic trends showed improvements during the company’s February-ended third quarter. Darden said it now expects fiscal 2010 earnings from continuing operations to increase between 5 percent and 8 percent from a year earlier, when it posted earnings of $2.65 per share. Darden’s prior outlook, released in December, called for earnings to be flat from the year earlier, or rise as much as 4 ...

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