Darden's future tied to specialty chains

03/24/2013 | Wall Street Journal, The

Darden Restaurants' growth strategy hinges on turning around its biggest brands including Olive Garden and Red Lobster by keeping menu prices steady and cutting back on expansion, while at the same time focusing on faster growth among its specialty brands, CEO Clarence Otis said Friday. The 168-unit specialty group, which includes Yard House, Bahama Breeze, Eddie V's, Capital Grille and Seasons 52, has positive same-store sales and room to grow.

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