Darden 4Q profit drops, sales 'volatile'

Darden 4Q profit drops, sales 'volatile'

Darden Restaurants Inc., the nation’s largest casual-dining operator, reported Wednesday a 6-percent, year-to-year drop in its fourth-quarter profit amid what it said was month-to-month sales volatility and cautious consumer sentiment.

Orlando-based Darden, which operates 1,824 restaurants under brands including Red Lobster and Olive Garden, reported net income of $115.6 million, or 80 cents per share, for the fourth quarter ended May 30. In the same quarter a year earlier Darden

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