Olive Garden parent CEO says fast food inflation driving customers to sit-down franchises [Yahoo! Finance]
Brinker International, Inc. (EAT)
Last brinker international, inc. earnings: 4/29 06:45 am
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Source: Yahoo! Finance
Cardenas said Darden, which owns popular franchises including Olive Garden and Longhorn Steakhouse, has not yet benefited from the trend, but noted competitors like Brinker International, which owns Chili's, and Applebee's parent Dine Brands have begun to market towards fast food customers with cheap deals. On Darden's quarterly earnings call on Thursday, Cardenas said industry data shows "a little bit of a shift" from fast food joints to sit-down competitors. OLIVE GARDEN RAISING MENU PRICES AGAIN "The consumer is really focused on what price they're paying everywhere, not just in restaurants," Cardenas said. His comments come after a recent survey conducted by LendingTree found 78% of consumers now consider fast food to be a "luxury" purchase based on high prices. READ ON THE FOX BUSINESS APP TRUMP'S TAX-FREE TIPS PROPOSAL WOULD BE ‘MASSIVE' FOR RESTAURANTS, SERVERS: JON TAFFER Half of those polled said they view fast food as a luxury because they are struggling finan
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- We Ran A Stock Scan For Earnings Growth And Brinker International (NYSE:EAT) Passed With Ease [Yahoo! Finance]Yahoo! Finance
- Brinker International (EAT) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Brinker International, Inc. (EAT) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Brinker International (EAT): Strong Sales Growth and Raised EPS Guidance Boost Investor Confidence [Yahoo! Finance]Yahoo! Finance
- Maggiano's Taps Michelin-Starred Chef to Elevate Menu with Inspiring New Dishes and FlavorsPR Newswire
EAT
Earnings
- 8/14/24 - Miss
EAT
Sec Filings
- 9/27/24 - Form ARS
- 9/27/24 - Form DEFA14A
- 9/27/24 - Form DEF
- EAT's page on the SEC website