Previous Close | 148.80 |
Open | 148.75 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 148.73 - 149.17 |
52 Week Range | 132.98 - 176.66 |
Volume | |
Avg. Volume | 2,153 |
Market Cap | 186.449M |
Beta (5Y Monthly) | 1.26 |
PE Ratio (TTM) | 0.19 |
EPS (TTM) | 7.95 |
Earnings Date | Jun 20, 2024 - Jun 24, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Red Lobster, the poster child for American seafood, was dragged down by corporate mismanagement, competition and consumer shifts.
Dining out these days might seem like a luxury for Americans pinched by inflation. For some restaurants, it feels like a battle to get them to spend.
Red Lobster is in trouble. After it filed $11 million in third-quarter operating losses, the seafood chain’s parent company has announced it will sell its majority stake. WSJ explains what went wrong.