Fair Use Notice

"This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. It is being made available in an effort to advance the understanding of environmental, political, human rights, economic, democracy, scientific, social issues, etc. It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit for research and educational purposes."
Questions? Email Me At Pirate dot Morgan at Yahoo dot com

Saturday, January 11, 2014

Say Goodbye to Your Favorite Sit Down Restaurant. Another Victim Of Obama's Economy

Why Red Lobster, Olive Garden and Their Casual-Dining Bretheren Are Endangered Species

The past few quarters have been tough on shareholders of casual dining chains such as Darden International's (NYSE: DRI  ) Red Lobster and Olive Garden franchises, Bravo Brio Restaurant  (NASDAQ: BBRG  ) , and BJ's Restaurants (NASDAQ: BJRI  ) . While the stock market and the economy have improved, these restaurants have stalled mightily.
The big question is whether these restaurants are going through a brief dry spell, or are they suffering a permanent trend downward? There's a few different ways to look at the problem.
Stuck in the middle
The past few quarters have been good for restaurants in fine dining, quick service, and especially fast casual (the sector grew 12% year over year). The one area that is struggling is casual dining.


No comments:

Post a Comment