Darden warns of more pressure on casual dining

ORLANDO Fla. Darden Restaurants Inc. has steeply lowered its fiscal-year forecast and projected first quarter results below Wall Street expectations, citing a “more challenging than anticipated economic and consumer environment.”

Many financial analysts covering the company said the news does not bode well for other restaurant operators, especially those in casual dining.

Abellwether for the industry, Darden said on Tuesday that its previous

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