Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns

Rick Cardenas, president and CEO at Darden Restaurants, said Thursday (June 20) that those concerns are greatest among consumers with incomes below the median household income of $75,000 and especially among those with incomes below$50,000. "These impacts were even greater in our fine dining brands, so that's why you saw fine dining had a more negative comp than others," Cardenas said. The same-store sales figures for the company's fine dining segment include The Capital Grille. They do not yet include the ...