Limited Brands, Herbalife: After-Hours Headlines
"Although we began the year with strong sales, we were disappointed by the extent of guest traffic softening in the second half of the quarter," said Steve Carley, the company's CEO, in a statement. "Nevertheless, we are confident in our plans for strengthening our business, advancing our brand and positioning Red Robin for long-term growth and profitability."
Red Robin said it expects growth of "up to 1%" in its comparable restaurant sales for the whole of fiscal 2012.
--Written by Michael Baron in New York.
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