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Market Movers

Restaurateur says diners are ‘stretched’

Darden owns the LongHorn Steakhouse, Olive Garden, and Red Lobster chains.

Darden Restaurants Via AP Images

Darden owns the LongHorn Steakhouse, Olive Garden, and Red Lobster chains.

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Darden Restaurants Inc. cut its forecast. It expects profit from continuing operations of 25 or 26 cents per share for the quarter ended Nov. 25. Not including one-time items, it expects 31 to 32 cents; by that measure, analysts had expected 46 cents. It also cut its full-year forecast, saying its promotions did not resonate with ‘‘financially stretched’’ diners and acknowledged bad publicity may have hurt it. Darden has made more workers part-timers to help limit its health care costs.

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