Darden Restaurants Inc. said Friday it plans to offer customers new value options at its flagship Olive Garden and Red Lobster brands to reverse recent same-store sales softness, including a new “Two for $25” promotion to start at Olive Garden next week and menu overhauls at both concepts this winter.
Orlando, Fla.-based Darden, which operates 1,994 units and is the nation’s largest casual-dining operator, reported a 10-percent increase in fourth-quarter profit over the same quarter last year, but also said it continues to struggle with reduced guest traffic and customer spending at its two largest brands, Olive Garden and Red Lobster.
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