Despite a decline in sales and customers limiting trips to eat out, Olive Garden, a subsidiary of Darden Restaurants, is raising its menu prices. The price hike is intended to align with inflation, as stated by the CEO of Olive Garden's parent company. This move reflects a broader trend among fast casual and fast food chains grappling with inflation and related costs. MAMMA MIA! Olive Garden announced the price increase on June 21.
The CEO of Olive Garden's parent company said the price increases will "be more in line with inflation." https://t.co/LzLADdK3KP
As fast casual and fast food chains continue to grapple with inflation and related costs, another American restaurant has announced it is raising menu prices to offset expenses. https://t.co/yV1QxdAe2r
MAMMA MIA! Olive Garden is raising its menu prices “to be more in line with inflation.” See how much more your next plate of pasta could cost: https://t.co/fcP4NNAnl4 https://t.co/LRZKDt8vv4
The restaurant chain is hiking its menu prices despite a decline in sales and customers limiting trips to eat out. https://t.co/2lwP2bsP18
🇺🇸 Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says https://t.co/S4XmOweAhE