You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Red Sox Live



▼  4th Inning 2 outs

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.

Continue reading below

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.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of