Olive Garden's owner sees stock surge as it gives upbeat sales forecast, discloses Uber delivery deal
UBERUber(UBER) New York Post·2024-09-20 01:04

Olive Garden’s parent company Darden Restaurants saw its stock surge 8.5% on Thursday after it said sales have lately recovered following a weak summer and announced a new delivery partnership with Uber.Darden reported weaker-than-expected earnings on Thursday, but it reaffirmed its full-year outlook and said sales have been improving since the quarter ended Aug. 25.“While we fell short of our expectations for the first quarter, I firmly believe in the strength of our business,” CEO Rick Cardenas said in a ...