ATLANTA Olive Garden, Red Lobster and Texas Roadhouse are expected to benefit most from increased consumer spending spurred by the federal stimulus rebate checks hitting bank accounts, according to a Tuesday report from RBC Capital Markets Corp. restaurant analyst Larry Miller. In a note to investors, Miller said that based on a monthly in-house survey, consumers still plan to spend only one-third of their rebate checks on discretionary items, while two-thirds will be earmarked for ...
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Contact: Desiree Torres Desiree.Torres@penton.com