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BUSINESS BRIEFS/IN BRIEF.(TO THE POINT)

Investor's Business Daily

| February 03, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FOOD

Darden same-store sales mixed

The restaurant franchise operator reported Olive Garden same-store sales up 8%-9%, but Red Lobster's fell 2%-3%. The seafood chain saw a 4%-5% drop in customers, while the Olive Garden served 6% more diners. Overall sales at both stores were up 1.5%. Shares rose 4%.

** Wendy's forecast making $2.27-$2.32 a share for fiscal '04, in line with views of $2.28. The No. 3 U.S. hamburger chain forecast 12%-14% revenue growth.

IN BRIEF

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