Darden Restaurants Resumes Its Dividend After Sales Improve
Darden Restaurants (NYSE: DRI) is still reeling from a pandemic-related customer traffic plunge, but at least the business is on the mend.
The owner of the Olive Garden and LongHorn Steakhouse restaurant franchises on Thursday revealed that sales dove 28% across its chains through late August. That metric marked a sharp improvement from the prior quarter's 43% decline that was powered by widespread COVID-19 closures.
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Source Fool.com
