Olive Garden Owner Darden Jumps on Signs of Sales Rebound, Uber Eats Delivery Deal
UBERUber(UBER) Investopedia·2024-09-19 23:25

Key Takeaways Darden Restaurants shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July. Darden also announced plans to pilot an exclusive delivery partnership between Olive Garden and Uber Eats. The company's earnings and revenue for the first quarter of fiscal 2025 came in slightly below analysts' estimates compiled by Visible Alpha after a hit to foot traffic in July. Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported ...