Olive Garden, Red Lobster Feeling the Pinch

Are they too generous?

According to a report, Darden Restaurants (Olive Garden, Red Lobster, LongHorn Steakhouse) is forecasting lower sales in 2012, as 2011’s weren’t where they wanted after "deep discounts at its Olive Garden chain failed to bring in new guests." And as far as chains go, they’re not in the dumps alone. [Street]