{"id":2844,"date":"2020-12-10T11:12:44","date_gmt":"2020-12-10T10:12:44","guid":{"rendered":"https:\/\/monocle.lu\/?p=2844"},"modified":"2022-05-23T12:56:48","modified_gmt":"2022-05-23T10:56:48","slug":"covid-19-vs-restaurants","status":"publish","type":"post","link":"https:\/\/monocle.lu\/en\/2020\/12\/10\/covid-19-vs-restaurants\/","title":{"rendered":"Covid 19 Vs Restaurants"},"content":{"rendered":"<p><strong>Covid Vs Darden :<\/strong><br \/>\nThe vaccine will be here in a while, but for now the virus is progressing. In the US, the number of daily deaths just passed the April peak.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/mcusercontent.com\/a4246d11f2e2f33deafaefe7d\/images\/bad66550-b3b4-426b-80ae-138276752eaa.png\" width=\"582\" height=\"455\" \/><\/p>\n<p>This is again holding back the economy. We can see below that restaurants, which had gradually reopened since the spring lockdown, are closing again:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/mcusercontent.com\/a4246d11f2e2f33deafaefe7d\/images\/8ebf34a7-85f4-4c14-9f2f-547d29f62054.png\" width=\"583\" height=\"369\" \/><\/p>\n<p>What impact will this new closure have on a restaurant chain like Darden (180,000 employees)?<\/p>\n<p>At the end of August, Darden announced a 35% drop in sales over the last six months, and the operating result went from a profit of $450M to an adjusted loss of $250M (without taking into account depreciation).<\/p>\n<p>In 10 days, Darden will release its third quarter results (as of November 30).<\/p>\n<p>In the meantime, here is what the market thinks about the impact of the pandemic on Darden:<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/mcusercontent.com\/a4246d11f2e2f33deafaefe7d\/images\/c947f8d6-4115-40da-a41b-66dc766f26df.png\" width=\"583\" height=\"632\" \/><\/p>\n<p>Such optimism is worrying ...<\/p>\n<p>Have a good week,<br \/>\nCharles<\/p>","protected":false},"excerpt":{"rendered":"<p>Covid Vs Darden : Le vaccin sera l\u00e0 dans quelques temps,\u00a0mais pour le moment le virus progresse. Aux US, le nombre de d\u00e9c\u00e8s quotidiens vient de d\u00e9passer le&#8230;<\/p>","protected":false},"author":8,"featured_media":3038,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-le-billet-de-monocle"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Monocle - Covid 19 Vs Restaurants<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monocle - Covid 19 Vs Restaurants\" \/>\n<meta property=\"og:description\" content=\"Covid Vs Darden : Le vaccin sera l\u00e0 dans quelques temps,\u00a0mais pour le moment le virus progresse. Aux US, le nombre de d\u00e9c\u00e8s quotidiens vient de d\u00e9passer le...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/monocle.lu\/en\/2020\/12\/10\/covid-19-vs-restaurants\/\" \/>\n<meta property=\"og:site_name\" content=\"Monocle\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T10:12:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-23T10:56:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/monocle.lu\/wp-content\/uploads\/2020\/12\/eating-covid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"499\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"L&#039;\u00e9quipe Monocle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"L&#039;\u00e9quipe Monocle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/\"},\"author\":{\"name\":\"L'\u00e9quipe Monocle\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/#\\\/schema\\\/person\\\/f095305e6c0f0cb67a0905de33670595\"},\"headline\":\"Covid 19 Vs Restaurants\",\"datePublished\":\"2020-12-10T10:12:44+00:00\",\"dateModified\":\"2022-05-23T10:56:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/\"},\"wordCount\":160,\"publisher\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/monocle.lu\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/eating-covid.jpg\",\"articleSection\":[\"Les Billets de Monocle\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/\",\"url\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/\",\"name\":\"Monocle - Covid 19 Vs Restaurants\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/monocle.lu\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/eating-covid.jpg\",\"datePublished\":\"2020-12-10T10:12:44+00:00\",\"dateModified\":\"2022-05-23T10:56:48+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#primaryimage\",\"url\":\"https:\\\/\\\/monocle.lu\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/eating-covid.jpg\",\"contentUrl\":\"https:\\\/\\\/monocle.lu\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/eating-covid.jpg\",\"width\":499,\"height\":393},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/2020\\\/12\\\/10\\\/covid-19-vs-restaurants\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Rethink the way you train\",\"item\":\"https:\\\/\\\/monocle.lu\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Covid 19 Vs Restaurants\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/#website\",\"url\":\"https:\\\/\\\/monocle.lu\\\/\",\"name\":\"Monocle\",\"description\":\"Asset Management\",\"publisher\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/monocle.lu\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/#organization\",\"name\":\"Monocle\",\"url\":\"https:\\\/\\\/monocle.lu\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/monocle.lu\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/logo.svg\",\"contentUrl\":\"https:\\\/\\\/monocle.lu\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/logo.svg\",\"width\":152,\"height\":37,\"caption\":\"Monocle\"},\"image\":{\"@id\":\"https:\\\/\\\/monocle.lu\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/monocle.lu\\\/#\\\/schema\\\/person\\\/f095305e6c0f0cb67a0905de33670595\",\"name\":\"L'\u00e9quipe Monocle\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8f5b1ac2bd644098edce052a3a3d754307488f9a55621278d21120dbcbc7d03f?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8f5b1ac2bd644098edce052a3a3d754307488f9a55621278d21120dbcbc7d03f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/8f5b1ac2bd644098edce052a3a3d754307488f9a55621278d21120dbcbc7d03f?s=96&d=mm&r=g\",\"caption\":\"L'\u00e9quipe Monocle\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Monocle - Covid 19 Vs Restaurants","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_GB","og_type":"article","og_title":"Monocle - Covid 19 Vs Restaurants","og_description":"Covid Vs Darden : Le vaccin sera l\u00e0 dans quelques temps,\u00a0mais pour le moment le virus progresse. Aux US, le nombre de d\u00e9c\u00e8s quotidiens vient de d\u00e9passer le...","og_url":"https:\/\/monocle.lu\/en\/2020\/12\/10\/covid-19-vs-restaurants\/","og_site_name":"Monocle","article_published_time":"2020-12-10T10:12:44+00:00","article_modified_time":"2022-05-23T10:56:48+00:00","og_image":[{"width":499,"height":393,"url":"https:\/\/monocle.lu\/wp-content\/uploads\/2020\/12\/eating-covid.jpg","type":"image\/jpeg"}],"author":"L'\u00e9quipe Monocle","twitter_card":"summary_large_image","twitter_misc":{"Written by":"L'\u00e9quipe Monocle","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#article","isPartOf":{"@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/"},"author":{"name":"L'\u00e9quipe Monocle","@id":"https:\/\/monocle.lu\/#\/schema\/person\/f095305e6c0f0cb67a0905de33670595"},"headline":"Covid 19 Vs Restaurants","datePublished":"2020-12-10T10:12:44+00:00","dateModified":"2022-05-23T10:56:48+00:00","mainEntityOfPage":{"@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/"},"wordCount":160,"publisher":{"@id":"https:\/\/monocle.lu\/#organization"},"image":{"@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#primaryimage"},"thumbnailUrl":"https:\/\/monocle.lu\/wp-content\/uploads\/2020\/12\/eating-covid.jpg","articleSection":["Les Billets de Monocle"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/","url":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/","name":"Monocle - Covid 19 Vs Restaurants","isPartOf":{"@id":"https:\/\/monocle.lu\/#website"},"primaryImageOfPage":{"@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#primaryimage"},"image":{"@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#primaryimage"},"thumbnailUrl":"https:\/\/monocle.lu\/wp-content\/uploads\/2020\/12\/eating-covid.jpg","datePublished":"2020-12-10T10:12:44+00:00","dateModified":"2022-05-23T10:56:48+00:00","breadcrumb":{"@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#primaryimage","url":"https:\/\/monocle.lu\/wp-content\/uploads\/2020\/12\/eating-covid.jpg","contentUrl":"https:\/\/monocle.lu\/wp-content\/uploads\/2020\/12\/eating-covid.jpg","width":499,"height":393},{"@type":"BreadcrumbList","@id":"https:\/\/monocle.lu\/2020\/12\/10\/covid-19-vs-restaurants\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Rethink the way you train","item":"https:\/\/monocle.lu\/"},{"@type":"ListItem","position":2,"name":"Covid 19 Vs Restaurants"}]},{"@type":"WebSite","@id":"https:\/\/monocle.lu\/#website","url":"https:\/\/monocle.lu\/","name":"Monocle","description":"Asset Management","publisher":{"@id":"https:\/\/monocle.lu\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/monocle.lu\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/monocle.lu\/#organization","name":"Monocle","url":"https:\/\/monocle.lu\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/monocle.lu\/#\/schema\/logo\/image\/","url":"https:\/\/monocle.lu\/wp-content\/uploads\/2022\/03\/logo.svg","contentUrl":"https:\/\/monocle.lu\/wp-content\/uploads\/2022\/03\/logo.svg","width":152,"height":37,"caption":"Monocle"},"image":{"@id":"https:\/\/monocle.lu\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/monocle.lu\/#\/schema\/person\/f095305e6c0f0cb67a0905de33670595","name":"L'\u00e9quipe Monocle","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/8f5b1ac2bd644098edce052a3a3d754307488f9a55621278d21120dbcbc7d03f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8f5b1ac2bd644098edce052a3a3d754307488f9a55621278d21120dbcbc7d03f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8f5b1ac2bd644098edce052a3a3d754307488f9a55621278d21120dbcbc7d03f?s=96&d=mm&r=g","caption":"L'\u00e9quipe Monocle"}}]}},"_links":{"self":[{"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/posts\/2844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/comments?post=2844"}],"version-history":[{"count":0,"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/posts\/2844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/media\/3038"}],"wp:attachment":[{"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/media?parent=2844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/categories?post=2844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/monocle.lu\/en\/wp-json\/wp\/v2\/tags?post=2844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}