While the economy is showing signs of improvement, consumers remain sensitive about value, executives at Darden Restaurants Inc. said Wednesday. Darden officials spoke with analysts after reporting a nearly 20-percent increase in profit for the Aug. 29-ended first quarter, which was fueled by increased sales at all of its brands. Click here for full results. Clarence Otis, Darden’s chairman and chief executive, said industry-wide sales trends have leveled after seeing sequential ...
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Contact: Desiree Torres Desiree.Torres@penton.com