Mamma Mia! Darden Restaurants Pops on Olive Garden's Comps
In this segment of the Market Foolery podcast, host Mac Greer, Total Income's Ron Gross, and Million Dollar Portfolio's Jason Moser weigh in on Darden Restaurants' (NYSE: DRI) fiscal second quarter. Olive Garden's to-go sales continue to shoot higher, supporting the whole company's same-store sales growth. And its recent purchase of Cheddar's Scratch Kitchen is poised to pay dividends too. So is the investment thesis here solid, despite the industry's ongoing issues?
A full transcript follows the video.
Source: Fool.com
Darden Restaurants Inc. Stock
The stock is an absolute favorite of our community with 51 Buy predictions and no Sell predictions.
As a result the target price of 164 € shows a positive potential of 24.71% compared to the current price of 131.5 € for Darden Restaurants Inc..