HEATHROW FLA. —Higher food, energy and opening costs are forcing upscale steakhouse operators to temper future expectations, and a slight slowdown in sales at some brands is causing observers to wonder if the segment’s previous insulation from pressures that have hurt many casual-dining players is eroding. While some upscale steakhouse operators continued to boast positive sales trends during the second quarter, others, like Ruth’s Chris Steak House Inc., saw a ...
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Contact: Desiree Torres Desiree.Torres@penton.com