Author: Godwin Gwetu
123jump.com
Last Update: 2:37 AM EDT July 08 2008
The restaurant company reported Q4 sales from continuing of $1.83 billion versus $1.46 billion in the year ago quarter. The sales increase was fueled by sales from LongHorn Steakhouse and The Capital Grille brands and strong new and same-restaurant sales growth at Olive Garden. The Q4 diluted net earnings per share from continuing operations increased 7% to 72 cents versus 67 cents in the fourth quarter fiscal 2007. The company expects to open about 75 to 80 net new restaurants in fiscal 2009.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
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