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Bummer

Taxes Bite Olive Garden Sales

First came Walmart, then came Darden Restaurants, proprietor of middle-brow restaurants chains like Olive Garden, Red Lobster, and Longhorn Steakhouse. The company said that a triple-whammy of harsh winter weather, rising gas taxes, and higher payroll taxes are putting a dent in customer traffic and earnings.

February 22, 2013 12:01 PM