What 1 restaurant company's numbers say about the economy

09/23/2012 | Washington Post, The

Darden Restaurants reported a 5% rise in revenue in the most recent quarter, compared to the same period last year, and a detailed evaluation of the data offers a snapshot of the current economy, this story says. Sales were strong at high-end chain Capital Grille and more mixed at mid-priced chains Olive Garden and Red Lobster; additionally, labor costs declined as high unemployment made it easier for chains to attract talent.

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