Seeking Alpha

Management with Darden Restaurants (DRI -1.5%) all but declared a pricing war for the restaurant...

Management with Darden Restaurants (DRI -1.5%) all but declared a pricing war for the restaurant sector during today's earnings call in response to its sluggish growth for key chains. While at first blush the move looks bad for the group, analysts aren't so sure. Darden is battling a PR backlash from its decision to hire more part-time workers instead of full-time employees and continues to struggle to find a way to keep Red Lobster relevant. Restaurant peers could be unaffected.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector