date:Mar 24, 2014
o $109.7 million, equal to 84c per share on the common stock, from $134.4 million, or $1.04 per share, in the prior-year period. Net sales for the quarter totaled $2,233.1 million, down 1.1% from $2,258.2 million last year.
During the quarter, U.S. same-restaurant sales increased 0.3% at LongHorn Steahouse while declining 5.4% at Olive Garden, 8.8% at Red Lobster and 0.7% at the Specialty Restaurant Group. Bad winter weather, as well as a shift in timing of the Thanksgiving holiday negatively a