Darden Restaurants Inc., which is selling its Red Lobster chain, said quarterly profit fell 35 percent and forecast annual earnings that trailed analysts’ estimates amid a continued slump in Olive Garden sales.
Darden Restaurants Inc. agreed to sell the Red Lobster seafood-restaurant chain to Golden Gate Capital for $2.1 billion, giving it an injection of cash and time to focus on reviving growth in its Olive Garden business.
As if cats weren’t bad enough, humans have invented all sorts of torture devices for our winged friends. We’ve paved over their nesting sites to make room for Olive Gardens and have broken up their skyscapes with glass buildings and radio towers. Then came the most infamous bird killer of all: the wind turbine.