Company plans to emphasize value at Red Lobster and grow specialty division
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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