Darden Restaurants CEO Rick Cardenas said certain casual-dining chains are stealing some fast-food restaurants' customers.
"We operate in a very dynamic, competitive industry and we have proven we can successfully navigate challenging environments due to our strategy," said Darden CEO Rick Cardenas in a statement.
"We're clearly seeing consumer behavior shifts," Darden CEO Rick Cardenas said in a third-quarter earnings call on Thursday. "Transactions from incomes below $75,000 were much lower than last year.
Gene Lee is now officially CEO of Darden Restaurants - which means national restaurant chains Olive Garden, LongHorn Steakhouse, The Capital Grille and more are in his hands. Lee, who was chosen ...