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Olive Garden hiking prices despite losing customers to inflation

Olive Garden said it plans to continue raising menu prices, even as executives acknowledged that sales fell in the most recent quarter as inflation kept customers away from restaurants. Olive Garden’s same-store sales – a closely watched industry metric that measures sales at restaurants open at least a year – fell 1.5% in the quarter […]

Olive Garden is too expensive if you’re making less than $75K

Even Olive Garden is becoming increasingly expensive for many Americans. Darden, Olive Garden’s parent company, said in its latest quarterly report that the casual family restaurant chain, which serves “authentic” Italian cuisine, is seeing fewer customers from middle- and low-income families. . “We’re clearly seeing a shift in consumer behavior,” said Darden CEO Rick Cardenas. […]