Olive Garden parent Darden Restaurants fine dining Ruth’s Chris deal
A Ruth's Chris Steak House in Miami, May 3, 2023.Joe Raedle | Getty Images News | Getty ImagesOlive Garden owner Darden Restaurants is betting on fine dining with its $715 million acquisition of Ruth's Chris Steak House.The company's announcement on Wednesday that it's adding another fine-dining restaurant to its portfolio surprised some. TD Cowen analyst Andrew Charles wrote in a note to clients he was expecting the company to target another casual-dining chain, such as First Watch Restaurant Group.But Darden executives…