Tuesday, October 4, 2016

Olive Garden sales improve, boosting parent company Darden

Sales at Olive Garden improved, helping parent company Darden post a nearly 28 percent jump in fiscal first quarter profit from the same period a year ago. The restaurant operator also said Tuesday it expects earnings for the year to be higher than it previously expected.

Darden said sales at its existing Olive Garden locations rose 2 percent in the quarter from a year ago and rose 1.3 percent for across all its restaurant brands.. . . more

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