Darden Restaurants Inc. warned Tuesday that U.S. same-store sales are estimated to have declined 4.5 percent across its top three brands — Red Lobster, Olive Garden and LongHorn Steakhouse — during the third quarter of 2013. In a statement, the company blamed bad winter weather and economic pressure on consumers for the decline. The company estimates U.S. same-store sales fell 1.5 percent at LongHorn Steakhouse, 4 percent at Olive Garden and 7 percent at Red Lobster ...
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Contact: Desiree Torres Desiree.Torres@penton.com