
Financial results were mixed this week as a cross-section of restaurant companies reported fourth-quarter earnings. Stalled consumer spending and continued traffic declines plagued top lines, while bright spots included positive earnings growth from cost-cutting moves and favorable comparison to year-ago figures. Beyond the numbers, companies laid out strategies aimed at combating the sluggish economy and igniting sales and traffic.Darden: The Orlando, Fla.-based parent of the Olive Garden, ...
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