Darden Restaurants' stock suffers due to unexpected decline ...
Darden Restaurants' stock suffers due to unexpected decline in same-restaurant sales and fiscal third-quarter sales miss. Lower income customers' spending habits seem to impact the company's performance. The new stock repurchase program could be a stock price stabilization strategy.
Olive Garden, Ruth's Chris Parent's Lower-income Customer Is Spending Much Less
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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