Restaurant and Food Service Blog

Darden just disclosed 3rd quarter earnings (See press release on RestaurantNewsResource.com)  With a lot of positive comp sales growth in almost all of their brands, I wonder if the restaurant behemoth is looking to make a turn for the better. As most of the causal dining sector has been going over the past couple of years, the segment is due for a better run.  However, with transportation and commodity costs still running high, I question if this is only temporary.In addition, much of the positive earnings that Darden is showing can probably be attributed to the sale of Smokey Bones in December of last year.  The the looming economic slow down and financial crisis on Wall Street makes for great fodder for the restaurant industry.