Darden Restaurants (DRI) volatility flat into Q4 sales growth below expectations

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Darden Restaurants (NYSE: DRI) is recently down $1.54 to $48.85 in the premarket as the company sees FY13 business environment similar to FY12. Goldman Sachs say’s “SSS weaker than expected; dividend raise may buffer.” Overall option implied volatility of 30 is near its 26-week average of 29 according to Track Data.

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