Darden (NYSE: DRI), a restaurant company featuring a portfolio of distinct brands, was featured in a recent analysis report that discussed its performance amid a slow recovery for the restaurant sector and return to in-person dining. The report, written by LikeFolio Founder Andy Swan, reads, “This chart does not paint a glorious picture of recovery for DRI (parent company of Olive Garden, LongHorn Steakhouse, and Cheddar’s, among others). Purchase intent mentions fell 38% YoY in 21Q1. A slow return to normalcy is present across the restaurant industry, with noted weakness in DRI specifically. Compare purchase intent levels in the past 30 days vs. prior year: EAT: -19%; CAKE: -17%; DRI: -33%.”
About Darden Restaurants Inc.
Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V’s. For more information, please visit www.Darden.com.
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