Darden Restaurants Inc., operator of Red Lobster and Olive Garden restaurants, said Thursday its second-quarter profit edged up 1 percent to beat Wall Street expectations as lower taxes and interest payments offset a slight decline in sales. But the company also narrowed its 2010 profit outlook ...

Shares of Darden Restaurants Inc. slid Wednesday after the owner of the Olive Garden and Red Lobster chains cautioned its fiscal 2010 earnings will likely be within the lower half of its predicted range. Late Tuesday Darden said sales trends indicate 2010 profit will ...

Darden Restaurants Inc., owner of the Olive Garden and Red Lobster chains, said Tuesday that its first-quarter profit rose 15 percent even as sales fell because food costs were lower than expected. The company also lowered the bottom end of the range of what it expects ...

Olive Garden and Red Lobster customers will have to pay a bit more for their favorite dishes in the months ahead as the restaurant chains struggle to keep revenue and profit growing in a depressed economy. On a conference call with analysts Wednesday, the ...