The New York-based parent to the STK Steakhouse and other concepts reported comparable sales up 9.5 percent for the quarter ended Dec. 31, including a 6-percent increase in same-store sales in the U.S. and a 15.5–percent increase among international locations. Full-year results are expected to be released in March, the company said.

On Monday, Orlando, Fla.-based Darden Restaurants increased its outlook for adjusted net earnings per share from continuing operations for fiscal 2018 from $4.70 to $4.78, which includes plans to make a roughly $20 million investment in its workforce. The company also reiterated guidance of a same-store sales increase of about 2 percent for fiscal 2018.

Additionally, Darden revealed the anticipated financial impact of the recent tax-reform legislation. During the third quarter ending Feb. 25, the company will be required to revalue its deferred tax assets and deferred tax liabilities to account for the future impact of lower corporate tax rates on these deferred amounts. Based upon preliminary analysis, Darden estimated that it will record non-cash net tax benefits of approximately $70 million, or approximately 56 cents per share, related to the revaluation of these deferred tax items.

In addition, the company estimated that its effective tax rate will be reduced by 6 percent by the legislation. The anticipated resolution of tax matters unrelated to the tax bill will further reduce the company’s effective tax rate by another 1 percent, resulting in a tax rate of about 18 percent for fiscal 2018, compared with 25 percent that was expected before the bill passed.

Consolidated same-store sales increased 0.8 percent for the Dallas-based full-service churrascaria chain during the Dec. 31-ended fourth quarter, including a 2.4-percent increase at U.S. company-owned locations and a 6.6-percent decrease at company-owned units in Brazil. The company operates 38 restaurants in the U.S., nine locations in Brazil, two joint ventures in Mexico and one joint venture in Saudi Arabia.

The Dallas-based eatertainment chain on Monday updated guidance for fiscal 2017 ending Feb. 4, saying quarter-to-date same-store sales through Jan. 6 fell 5.1 percent. As a result, the company expected revenue for the year to be in the range of $1.138 billion to $1.142 billion, a decrease from prior guidance of $1.148 billion to $1.155 billion. Same-store sales are expected to range from down 1 percent to down 0.7 percent, compared with prior guidance of flat to up 0.75 percent. Net income is expected to be $108 million to $110 million, versus prior guidance of $110 million to $112 million.

Dallas-based Wingstop reported that domestic same-store sales rose 5.2 percent for the fourth quarter ended Dec. 30, including a 4.6-percent increase at company-owned units. Systemwide sales grew 15.6 percent, to about $285 million.

For the fiscal year, domestic same-store sales rose 2.6 percent, including 1.6-percent growth at company locations. Systemwide sales increased 14 percent, to about $1.1 billion. The chain ended the year with 1,133 restaurants, including 1,027 units in the U.S., of which 1,004 locations were franchised and 23 units were company owned.