Market StrategyPent-up demand and promotions like Buy-One, Get-One at Olive Garden, along with the Uber Direct delivery partnership, are expected to drive a strong finish to the fiscal year for Darden Restaurants.
Sales GrowthEarly results for Uber Direct at Olive Garden suggest delivery will serve as a sustainable comp driver, with order volumes doubling over the quarter.
Stock ValuationThe price target for Darden stock has been raised to $210, reflecting confidence in accelerating sales and earnings trends, supported by a strategic valuation approach.