Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. "While we fell short of our expectations for the first quarter, I firmly believe in the strength of our business," CEO Rick Cardenas said in a statement. "I am confident in the actions all our brand teams are taking to address their guests' needs, which do n ...