Darden 3Q profit falls 18.4%

Darden 3Q profit falls 18.4%

Company points to weather, Red Lobster spinoff costs

Darden Restaurants Inc. reported an 18.4-percent decline in profit for the Feb. 23-ended third quarter, pointing to severe winter weather and costs associated with the spinoff of its 706-unit Red Lobster brand.

Register to view the full article

Register to view this article

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