date:Mar 05, 2014
Lobster already has on Dardens sales, earnings and margin growth. So, we believe a separation is appropriate, and it would create two independent and excitingly positioned companies, each appealing to a separate and distinct style of shareholder.
Red Lobsters same-restaurant sales volatility has steadily dragged down Dardens overall performance, due in part to the chains diverging priorities and customers from that of the operators other brands, which also include The Capital Grille, Yard Hou