Darden is attempting to recover from significant drops in consumer traffic by introducing nationwide delivery for Olive Garden through a two-year partnership with Uber.
Darden's CEO Rick Cardenas confirmed that all brands are seeing recovery, influenced by promotions like the extended Never Ending Pasta Bowl which helped draw back customers.
Despite facing sales declines, Darden refuses to succumb to deep discounting strategies employed by competitors, focusing on maintaining value without significantly lowering prices.
Darden's revenue for the first quarter came in at $2.76 billion, which was below analysts’ expectations, highlighting the ongoing challenges in the restaurant industry.
[
Collection
]
[
|
...
]