New units drive revenue
(Continued from page 1) Orlando, Fla.-based Darden reported an 18-percent decrease in net income for the third quarter to $134.4 million, or $1.02 per share, compared to $164.1 million, or $1.25 per share, in the prior-year period. The company’s revenue increased 4.6 percent year-over-year to $2.26 billion during the third quarter. The opening of 42 net restaurants each at LongHorn Steakhouse and Olive Garden drove revenue increases during the third quarter for the brands ...
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Contact: Desiree Torres Desiree.Torres@penton.com