Finance

Embattled US restaurant chain Red Lobster performs worse than expected in Q3

Thai Union is now expecting losses from the division to hit $20 million for the full year.

Last month, it was reported that Thai Union was hiring consulting firm AlixPartners for operational advice, to help turn around the failing Red Lobster operation.
Last month, it was reported that Thai Union was hiring consulting firm AlixPartners for operational advice, to help turn around the failing Red Lobster operation.Photo: Red Lobster
Published 6 November 2023, 16:38Updated 6 November 2023, 16:45
Thai UnionRed LobsterEarningsThiraphong ChansiriUnited States