The pantry brand that could be pressuring Olive Garden, Maggiano's and Carrabba's

seekingalpha11-22 23:20

LindaJoHeilman/iStock Editorial via Getty Images There is growing speculation that recent Nielsen data showing strength in the ultra-premium pasta sauce retail category is because it's nabbing traffic...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485226771?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/458684043/image_458684043.jpg?io=getty-c-w750","is_english":true,"pubTime":"2024-11-22 23:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2485226771","market":"sh","top_or_hot":-1,"title":"The pantry brand that could be pressuring Olive Garden, Maggiano's and Carrabba's","media":"seekingalpha","content":"<div>\n<p>LindaJoHeilman/iStock Editorial via Getty Images There is growing speculation that recent Nielsen data showing strength in the ultra-premium pasta sauce retail category is because it's nabbing traffic...</p>\n\n<a href=\"https://seekingalpha.com/news/4321788-the-pantry-brand-that-could-be-pressuring-olive-garden-maggianos-and-carrabbas\">Source Link</a>\n\n</div>\n","source":"seekingalpha_trending_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The pantry brand that could be pressuring Olive Garden, Maggiano's and Carrabba's</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe pantry brand that could be pressuring Olive Garden, Maggiano's and Carrabba's\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-22 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4321788-the-pantry-brand-that-could-be-pressuring-olive-garden-maggianos-and-carrabbas><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LindaJoHeilman/iStock Editorial via Getty Images There is growing speculation that recent Nielsen data showing strength in the ultra-premium pasta sauce retail category is because it's nabbing traffic...</p>\n\n<a href=\"https://seekingalpha.com/news/4321788-the-pantry-brand-that-could-be-pressuring-olive-garden-maggianos-and-carrabbas\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CPB","symbol_name":"金宝汤","start_time":0,"source_url":"https://seekingalpha.com/news/4321788-the-pantry-brand-that-could-be-pressuring-olive-garden-maggianos-and-carrabbas","article_id":"2485226771","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/458684043/image_458684043.jpg?io=getty-c-w750"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485226771","pubTimestamp":1732288813,"sourceInfo":{"source_id":"seekingalpha_trending_news","name":"Seeking Alpha Trending News"},"weMediaInfo":null,"summary":"LindaJoHeilman/iStock Editorial via Getty Images There is growing speculation that recent Nielsen data showing strength in the ultra-premium pasta sauce retail category is because it's nabbing traffic","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"CPB":"金宝汤","DRI":"达登饭店","BK4585":"ETF&股票定投概念","LU0566484027.USD":"安本美国小盘成长股","LU1559883803.SGD":"Aberdeen Standard SICAV I - North American Smaller Companies Fund A Acc SGD-H","BK4209":"餐馆","BK4504":"桥水持仓","BK4588":"碎股","BLMN":"Bloomin' Brands","EAT":"布林克国际","BK4212":"包装食品与肉类"},"translate_title":"餐具室品牌可能会给Olive Garden、Maggiano's和Carrabba's带来压力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLMN":1,"EAT":1,"CPB":0.9,"DRI":0.9},"content_text":"LindaJoHeilman/iStock Editorial via Getty Images There is growing speculation that recent Nielsen data showing strength in the ultra-premium pasta sauce retail category is because it's nabbing traffic and market share from casual Italian dining restaurants. According to Bank of America, the line of thinking is that as the quality of at-home Italian options approaches restaurant caliber, the lower cost for a meal that is relatively low-prep could outweigh the appeal of eating out. BofA analyst Sara Senator said the firm's analysis showed a -49% correlation between Rao's volume velocity and Italian full-service restaurant traffic growth, but shows an even higher -67% correlation between Rao's volume velocity and overall full-service restaurant traffic growth. Interestingly, she noted that the implication is the trade-off between food-away-from-home and food-at-home choices is broader than a one-to-one Italian mapping. Three chains that could be feeling the heat from the rise of Rao's (NASDAQ:CPB) are Carrabba's Italian Grill (BLMN), Maggiano's (EAT), and Olive Garden (NYSE:DRI). The BofA chart below shows that pricing differential may be a factor.   Notably, The Campbell's Company (CPB) recently dropped \"Soup\" due to the Rao's brand taking center stage.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485226771"}