Darden Restaurants Inc. warned Tuesday that its second-quarter 2013 earnings will be lower than expected, citing promotional offers that missed their marks. The Orlando-based company said in a statement that it expects its combined U.S. same-store sales at Red Lobster, Olive Garden and LongHorn Steakhouse to have fallen 2.7 percent for the quarter ending Nov. 25. The company anticipates that its same-store sales for its specialty group, which includes Seasons 52 and The Capital Grille, ...
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Contact: Desiree Torres Desiree.Torres@penton.com