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Darden Restaurants, Inc. Message Board

  • yankeeboy4748 yankeeboy4748 Mar 27, 2011 3:31 PM Flag

    Business

    Went to Red Lobster Saturday night. What the news indicated is true, the place was half-empty, whereas in good times there is a half-hour wait. I have no position but will be waiting for a further drop in the coming weeks for an entry point. I can see a slight rise in the prices to offset ingrediant cost inflationary prices. I think over the next few months margins will go down as it will be hard for DRI to increase prices to the point of off-setting increased costs, due to lower traffic.

 
DRI
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