Darden Restaurants, Inc. (NYSE:DRI) owns and operates more than 2,100 restaurants under the well-known brand names Red Lobster, Olive Garden and LongHorn Steakhouse. In the announcement of their fourth quarter results and fiscal year ending May 26 results, Darden Restaurants, Inc. (NYSE:DRI) CEO Clarence Otis described them as reflecting "an encouraging end to a difficult year." To cope with sluggish same-restaurant traffic growth, the company implemented measures to match competitors' promotions and to revise their core menus to be more affordable for the average guest. They expect fiscal 2014 to be pretty much the same: "with slow and uneven recovery in both the overall economy and our industry," as CEO Otis stated.