Revamped menus and marketing didn't help Florida-based Darden Restaurants boost their sales in the most-recent quarter. The parent company of Red Lobster, Olive Garden, and Longhorn Steakhouse posted numbers that were even lower than analysts had forecasted.
A lawsuit was filed on Thursday in federal court claiming that wait staff employees from Olive Garden, LongHorn Steakhouse, Red Lobster and other restaurant chains across the country associated with Darden Restaurants were underpaid.
Sure the economy has been tough on all businesses - especially restaurants. But, financial analysts on Wall Street have taken note of some of the more resilient restaurant chains - going so far as to say that they would make good stock picks...