Slow traffic, declining sales push major industry players to lower expectations

Slow traffic, declining sales push major industry players to lower expectations

It just isn’t getting any better out there. Late last month such industry bellwethers as Darden Restaurants, McCormick & Schmick’s Seafood Restaurants, Ruby Tuesday and Ruth’s Chris Steak House blamed slower guest traffic and declining sales for forcing them to reduce their financial forecasts for the just-ending 2007 and portions of the

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