Red Lobster, Olive Garden comps up, but traffic declines

ORLANDO Fla. Darden Restaurants Inc., which operates more than 1,440 restaurants under five brands, said same-store sales at both its flagship Red Lobster and Olive Garden chains were positive for the four weeks ended Jan. 28, but only because of average check increases aided by menu price hikes that offset traffic declines.

Same-store sales at Red Lobster rose between 2 percent and 3 percent over the fiscal January period a year earlier. Guest counts dropped by

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish