Darden Restaurants Inc.’s weak first-quarter results raised alarms in the investment community and are serving as what some analysts are calling a “much-needed wake-up call” for the nation’s largest casual-dining company. Darden, parent to the Red Lobster, Olive Garden and LongHorn Steakhouse brands, among others, reported on Friday a 37.6-percent decline in first-quarter profit compared to the year-earlier period. Same-store sales at Darden’s two ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?