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Red Lobster’s Q2 performance settles nerves, Thai Union aims to lift credit guarantee

With the US seafood chain achieving its half-year earnings targets, Thai Union hopes to lift the $65m guarantee provided last year by September 2023, it said

By Neil Ramsden | Aug. 7, 2023 17:15 BST
Credit: Red Lobster online retail
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US seafood restaurant chain Red Lobster saw another improved quarter for Q2 2023, with owner Thai Union Group hopeful it can look at lifting the financial support it had put in place when its subsidiary was struggling [...]

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