Darden posted relatively lackluster fiscal results in its latest quarter. However, its decision to add a third-party delivery partner boosted the stock.
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Uber Technologies (UBER) closed at $74.71 in the latest trading session, marking a +1.04% move from the prior day.
The Investment Committee debate the latest Calls Of The Day.
Uber's growth, monetization, and profitability, driven by a sticky, high-spend user base, have led to an 81% return since our first 'Strong Buy' rating in June 2023. In April of this year, we downgrad

Why did Olive Garden finally partner with Uber?

05:50am, Saturday, 21'st Sep 2024
Olive Garden has always avoided using third party delivery services. Even during the pandemic, they resisted that urge.
Yesterday, Darden Restaurants, Inc. DRI reported first-quarter adjusted earnings per share of $1.75, missing the analyst consensus estimate of $1.83. Quarterly sales of $2.76 billion missed the stre
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Darden Restaurants plans to start delivering Olive Garden food via Uber later this year, according to a Thursday announcement from the company.
Brian Nowak, managing director at Morgan Stanley, joins 'The Exchange' to discuss Darden's partnership with Uber for delivery, the Uber-Waymo partnership expansion, and more.
Darden reported weaker-than-expected earnings on Thursday, but it reaffirmed its full-year outlook and said sales have been improving.
Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber (UBER).
Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber (UBER).
Olive Garden-owner Darden Restaurants said on Thursday it has entered into a delivery deal with Uber Technologies , sending its shares up about 7% in premarket trading.
Olive Garden guests will soon have another option to enjoy their favorite dishes at home, with orders made through Olive Garden channels and delivery powered by Uber Direct; Custom integration preserv
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