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Olive Garden parent cuts view on restaurant sales drop
Darden's promotions did not "resonate with financially stretched consumers as well as newer promotions from competitors", Otis said in a statement.
Tuesday: Housing Starts, Industrial Production
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: After
Months of Relative Calm, Rates are Starting to Look Panicked Again
In 2023, there...
10 hours ago
3 comments:
Calculated Risk will still keep reporting the restaurant and architecture and hotel indexes proclaiming the recovery.
Rob Dawg,
Here's what gets me. He keeps calling restaurant performance "D-List" data as if it is a fact. In my opinion, it is simply an opinion and one I do not share.
October 16, 2007
Eating Out vs. Eating at Home
In hindsight, does that look like D-List data?
This is where we are as of June. I don't think it's going to hold long-term.
Just an opinion!
Note to self: Update the chart.
Ah, I did update the chart and as expected it did not hold up.
November 14, 2012
Restaurant Pain
Note that there was a glimmer of hope that we were moving up and away from the most recent trend line in red. However, that's not been the case since April. I might even be so bold as to suggest that it has a certain return to the trend line look about it.
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