Tuesday, December 04, 2012 5:09 pm
News Summary: Darden cuts outlook
By The Associated Press
SLICING PROFITS: The company expects costs related to its acquisition of the Yard House USA Inc. chain and from Superstorm Sandy to reduce profit from continuing operations by 25 or 26 cents per share.
ANALYST ANGST: Analysts had expected earnings of 46 cents per share. Darden's stock tumbled nearly 10 percent on Tuesday.