Darden Restaurants Inc. said Tuesday its earnings for the second quarter would be lower than previously forecast, partly due to persistent sales trouble at its Italian casual-dining Olive Garden brand. Orlando, Fla.-based Darden estimated that same-store sales for the second quarter ended Nov. 27 would be down 2.5 percent at 750-unit Olive Garden, while it expected increases of 6.8 percent at Red Lobster and 6 percent at LongHorn Steakhouse. Darden said Olive Garden’s sales ...
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Contact: Desiree Torres Desiree.Torres@penton.com