Discount lobster not a hit with diners, or investors
Despite unlimited breadsticks, the parent company of Olive Garden, Red Lobster and LongHorn Steakhouse had a rough quarter. Darden Restaurants (DRI) warned Tuesday that earnings in its fiscal second...
View ArticleWeak economy pinches Red Lobster
You can add Darden Restaurants, the owner of the Red Lobster and Olive Garden chains, to the growing list of consumer companies blaming a weak economy for a poor sales outlook. Darden (DRI) said that...
View ArticleShould Pizza Hut be sold?
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any...
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