date:Dec 24, 2012
Darden Restaurants reported a 37 percent drop in net earnings per share in its second quarter results, in part due to a decline in profits at the companys Red Lobster and LongHorn Steakhouse restaurants.
Earnings per share from continuing operations stood at 26 cents in Q2, which is down 37 percent from the 41 cents per diluted share in the second quarter of 2011. Sales were up slightly, from USD 1.83 billion (EUR 1.39 billion), but earnings from continuing operations went down from USD 54.1 mi