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Retail industry

Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says

Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says

Business News

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food prices, Darden Restaurants CEO Rick Cardenas said on Thursday. While Darden itself hasn’t benefited from the shift, its competitors, like Chili’s owner Brinker International and […]

Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says Read More »

Darden beats on earnings, even as Olive Garden, fine-dining sales drag

Darden beats on earnings, even as Olive Garden, fine-dining sales drag

Business News

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida.  Universal Images Group | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will

Darden beats on earnings, even as Olive Garden, fine-dining sales drag Read More »

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