Darden (DRI -12%) cut its outlook for FY2012 sales and earnings, but it's not the only...

|About: Darden Restaurants, Inc. (DRI)|By:, SA News Editor

Darden (DRI -12%) cut its outlook for FY2012 sales and earnings, but it's not the only restaurant chain suffering these days, as customers eat out less often and little hope for a pickup next year, NPD Group predicts. Diners who do go out are spending more, due in part to rising food costs, shelling out 1.3% more in Q3 Y/Y, according to NPD; even specials have been less effective in luring customers.