Darden Restaurants Inc
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Hoping to increase sales and traffic in their restaurants, fast-food and fast-casual operators are cranking up the menu innovation to produce items that stray from the gastronomic norm.
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Darden Restaurants' third-quarter net income dropped 18 percent, as it dealt with soft sales at Red Lobster.
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The Fed could add fuel to the market rally in the week ahead, keeping the Dow on track for its best first quarter since 1998.
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Watch out for Wednesday. What lies ahead could rock stocks.
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For many Americans, the improving economy has yet to take hold even as they hear about a stronger stock market and better jobs data.
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An online poll of 1,538 people conducted March 4-8 by Reuters/ Ipsos found that two-thirds of adults say they are cutting their monthly spending and almost all of the rest say their spending is little changed.
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Patients allergic to gluten used to be the only ones to avoid it. But the gluten backlash is growing and so is the market for gluten-free products.
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March 8- McDonald's Corp said February sales at established restaurants around the world fell less than expected, giving investors hope that new Chief Executive Don Thompson's strategy is paying off, and lifting shares to an 11- month high.
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McDonald's February sales fell 1.5 percent amid stiff competition for customers who are spending more cautiously due to weak economic growth and higher taxes.
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March 8- McDonald's Corp said on Friday that February sales at established restaurants fell less than expected in the United States and around the globe as customers continued to grapple with economic uncertainty.
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March 8- McDonald's Corp said on Friday that February sales at its established restaurants around the world fell 1.5 percent as customers grappled with economic uncertainty.
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March 7- U.S. supermarket operator Kroger Co reported a better-than-expected quarterly profit and said business remains strong despite higher taxes and gasoline prices, sending shares to their highest point in more than four years.
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Wendy's and Darden received downgrades today. Stephen Anderson, restaurant analyst at Miller Tabak & Co., weighs in.
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Feb 28- The Wendy's Co, the second-largest U.S. hamburger chain, reported higher quarterly profit and stuck by its 2013 profit forecast on Thursday, even as its customers face new financial pressures from higher taxes and gasoline costs.
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With the economy facing so many headwinds, will consumers lose their appetite for Domino’s?
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The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
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If your portfolio is awash in red marks and minus signs, perhaps you’re making this mistake.
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Is there a massive storm brewing in the market? Jim Cramer thinks that kind of talk is simply hot air.
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Feb 27- Chili's Grill& Bar parent Brinker International Inc on Wednesday tempered its 2013 profit forecast, saying customers will be pressured by the U.S. payroll tax hike, more expensive gasoline and delayed federal tax refund checks.
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Feb 27- Chili's Grill& Bar parent Brinker International Inc on Wednesday tempered its 2013 profit forecast, citing diners grappling with the U.S. payroll tax hike, more expensive gasoline and delayed federal tax refund checks. The news from Brinker comes just days after a similar warning from rival and Olive Garden parent Darden Restaurants Inc..
