Casual Dining Restaurants

Darden Restaurants 2Q profit up, but narrows view

Darden Restaurants 2Q profit rises 1 percent to top expectations, but sales seen "sluggish". Darden Restaurants Inc., operator of Red Lobster and Olive Garden restaurants, said Thursday its second-quarter profit edged up 1 percent to beat Wall Street expectations as lower taxes and interest payments offset a slight decline in sales.
 

Movers roundup: Darden Restaurants, Technitrol

Movers roundup: Darden Restaurants shares climb on upgrade, Technitrol stock tumbles. Among the stock activity stories for Wednesday, Dec. 16, from AP Financial News:
 

UBS upgrades Darden, sees hope for restaurants

UBS analyst upgrades Darden Restaurants to 'Buy,' says industry trends improving. Shares of restaurant owner Darden Restaurants Inc., which operates Olive Garden, Red Lobster and Longhorn Steakhouse, climbed Wednesday after an analyst upgraded the stock.
 

Mass. fines supplier $700 for selling small steaks

Mass. finds steak don't measure up, fines Ruby Tuesday supplier $700 for shorting customers. Massachusetts officials have fined a Colorado beef supplier $700 for providing steaks to Ruby Tuesday restaurants that allegedly were smaller than their advertised size.
 

Red Robin to spend $6.7M in 1Q for TV advertising

Red Robin to spend $6.7 million in 1st quarter for television advertising campaign. Casual dining chain Red Robin Gourmet Burgers Inc. said Monday it will spend $6.7 million in the first quarter for a television advertising campaign.
 

Ruby Tuesday inks franchise contracts abroad

Ruby Tuesday inks international franchise agreements in Middle East, U.K.. Casual dining chain Ruby Tuesday Inc. said Monday it had inked new international franchise agreements in the Middle East and the U.K. for its namesake brand.
 

California Pizza Kitchen 3Q profit jumps

California Pizza Kitchen to open 18 new stores next year, reports jump in 3rd-qtr profit. Restaurant chain California Pizza Kitchen said it boosted third-quarter profit by nearly 17 percent by cutting costs and expects 18 new stores to open next year.
 

Chain restaurants struggle, compete for customers

After years of growth, chain restaurants struggle for customers amid markdown fight. Fortunes at chain restaurants are tumbling, the fallout from a strategy of slashing menu prices in the hopes that a cheap meal will be enough to entice diners back to their booths.
 

Brinker's 1Q profit off amid restaurant slump

Brinker International 1st-quarter earnings slide 34 percent as sales slump. Brinker International Inc., which operates Chili's Grill & Bar and Maggiano's restaurants, on Tuesday posted a lower fiscal first-quarter profit on slumping revenue as recession-battered consumers choose to eat at home.
 

Nat'l Restaurant Assn. spent $840K on 2Q lobbying

National Restaurant Association spends $840,000 in 2Q to lobby on food safety, worker issues. The National Restaurant Association spent $840,000 in the second quarter to lobby on food safety, seasonal workers and other issues, according to a recent disclosure report.
 

Darden Restaurants slips on cautious profit view

Darden Restaurants falls as co. warns 2010 profit will likely be within lower half of range. Shares of Darden Restaurants Inc. slid Wednesday after the owner of the Olive Garden and Red Lobster chains cautioned its fiscal 2010 earnings will likely be within the lower half of its predicted range.
 

Darden 1Q profit rises 15 pct even as sales fall

Olive Garden-owner Darden says 1st-quarter profit rises 15 pct even as sales fall. Darden Restaurants Inc., owner of the Olive Garden and Red Lobster chains, said Tuesday that its first-quarter profit rose 15 percent even as sales fell because food costs were lower than expected.
 

Vermont group tries to take Chili's pepper sign

Taking the heat: Group tries to remove giant pepper off of Chili's restaurant roof in Vermont. A giant chili pepper on the roof of a Chili's restaurant in southern Vermont was a hot property ? police say four people have been caught trying to steal it.
 

Hovnanian, US Airways, Ruby Tuesday are big movers

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
 

BJ's Tops Estimates, Sees Hurdles Ahead

BJ's Restaurants BJRI is known for two things: its trademark deep-dish pizzas and its in-house beers.
 

BJ's Pulls Back But Is Holding Near Buy Point

BJ's Restaurants (BJRI) is holding up, an encouraging sign in a correction.
 

BJ's Pulls Back But Is Holding Near Buy Point

BJ's Restaurants is holding up, an encouraging sign in a correction.
 

P.F. Chang's and Unilever to make frozen entrees

P.F. Chang's China Bistro and Unilever to make frozen Asian entrees. Restaurant operator P.F. Chang's China Bistro Inc. said Monday it is teaming up with consumer products company Unilever to develop frozen Asian entrees under the P.F. Chang's brand.
 

BJ's Eateries Keep Up Pace Amid Recession

In what might have been a delayed reaction to its earnings report, steady grower BJ's Restaurants BJRI broke out of a base Tuesday.
 

Buffalo Fund Wins With A GARP Tack

If you want flash, Buffalo Small Cap Growth is not your kind of fund. If you want a Steady Eddie portfolio, look at what this fund has done.