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Olive Garden Showed Tiniest Improvement Last Month

Before its annual meeting on Oct. 10, Olive Garden owner Darden Restaurants released September results. It’s a move to convince investors that the company is on the right track and to stop activist investor Starboard Value, which holds an 8.8 percent stake in Darden, from taking control of its board during next week’s vote. Starboard has nominated 12 directors to replace Darden’s existing board.

Olive Garden’s same-store sales were up 0.6 percent last month. Aside from Bahama Breeze, Darden’s other restaurant chains—which together bring in less than half of the company’s revenue—also saw growth: