Shrimp Prices Are Killing Red Lobster

What's Killing Red Lobster
Pedestrians pass a Red Lobster restaurant in Times Square, New York, U.S., on Tuesday, March 23, 2010. Darden Restaurants Inc., the owner of casual dining chains including Red Lobster and the Olive Garden, is scheduled to announce quarterly earnings tomorrow after the U.S. market close. Photographer: Jonathan Fickies/Bloomberg via Getty Images
Pedestrians pass a Red Lobster restaurant in Times Square, New York, U.S., on Tuesday, March 23, 2010. Darden Restaurants Inc., the owner of casual dining chains including Red Lobster and the Olive Garden, is scheduled to announce quarterly earnings tomorrow after the U.S. market close. Photographer: Jonathan Fickies/Bloomberg via Getty Images

Darden Restaurants, the owner of the Red Lobster and Olive Garden chains, can’t catch a break at the moment. Two activist investment funds are pressuring the company to restructure itself, and its share price has sunk 11% so far this year.

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