Will Darden Restaurants Disappoint Investors on Thursday?

Darden Restaurants (NYSE: DRI) shareholders have trailed the broader market over the past year as Wall Street soured on its rebound prospects following COVID-19-related closures. The owner of popular chains including Olive Garden and LongHorn Steakhouse is also facing new challenges, including food cost inflation, rising labor expenses, and staffing shortages.

These issues might combine to make Darden's fiscal third quarter seem weak compared to its past few quarterly announcements. But the broader business trends are positive. Let's take a closer look at the announcement set for March 24.

Image source: Getty Images.

Continue reading

Source Fool.com