If Warren Buffett Is Right (and He Usually Is), Red Lobster Is in Deep Trouble

Red Lobster is in serious trouble. Same-store sales at the seafood chain have fallen in seven out of the last eight quarters. In fact, they haven’t just fallen, they’ve plummeted: In the most recent quarter, sales dropped by 8.8% from the year-ago period.

If Warren Buffett Is Right (and He Usually Is), Red Lobster Is in Deep Trouble

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