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Olive Garden is by no means doing badly—recent promotions such as the return of the never-ending pasta bowls and the recent Buy One, Take One deal have lured back customers who may have found rising ...
Darden Restaurants shares led S&P 500 gainers Thursday morning as its CEO said consumers are still spending at its ...
At its flagship restaurant in the Olive Garden, revenues increased 1.5% ... in consumer sentiment aren’t being reflected in consumer spending.
Darden Restaurants (DRI) reported fiscal third quarter results with the company, which owns restaurant chains like Olive Garden ... decline in consumer spending so far for the restaurant space.
Darden Restaurants stock has surged to new highs. If the owner of Olive Garden and Ruth’s Chris Steak House keeps executing well, shares could continue higher.
Consumer spending is an indispensable pillar of the U.S. economy, and in 2023, the typical American household spent about $77 ...
However, given soft consumer sentiment, the analyst is less confident in the rebound’s longevity. The analyst seeks more proof that Darden’s strategies to boost Olive Garden will lead to ...
Stock for Darden Restaurants, which owns Olive Garden ... “So changes in consumer sentiment haven’t necessarily translated to material changes in consumer spending.” In fact, Cardenas ...
Their six-month outlook plunged to a 12-year low, reflecting concerns about tariffs and inflation. It's a worrying sign for restaurants, ...
Casual dining chains, once American staples for affordable family meals, are declining due to economic shifts and changing ...