Olive Garden Parent Darden's Earnings Are Coming. Here's What to Watch. | Barron's

2022-06-19 01:44:09 By : Ms. Evelyn Li

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https://www.barrons.com/articles/darden-stock-price-earnings-olive-garden-51655221640

Darden Restaurants will report fiscal-fourth-quarter results next week, and there’s no shortage of investor food for thought. Casual dining has seen a resurgence as consumers’ concerns about Covid-19 wane, but worries about inflation taking a bigger bite out of Americans’ discretionary spending has been a major catalyst for recent market selloffs.

For its part, Citigroup argues that Darden (ticker: DRI) needs to hit four targets for the stock to move higher—and they all look achievable.

Darden Restaurants will report fiscal-fourth-quarter results next week, and there’s no shortage of investor food for thought.

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