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Joined Nov 11, 2007
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Darden Restaurants, $DRI, Sees Their Profits Rise Despite Having ‘Red Lobster’ in Their Portfolio

“NEW YORK (AP) — Darden Restaurants Inc. said Friday that its fiscal first-quarter net income rose 4 percent even as it struggled to grow a key revenue figure at its flagship Olive Garden and Red Lobsterchains.

Its earnings beat Wall Street expectations, and its shares rose more than 4 percent in premarket trading.”

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