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Is Darden Restaurants Stock a Buy?

TheMotleyFool

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Is Darden Restaurants Stock a Buy?Photo, wide shot, wide-angle lens, Clothing manufacturer, neutral atmosphere, photo by Galina Stepanova: https://img.theapi.app/temp/4c710447-f68a-47bc-a682-c2d83e801596.png

Restaurant-chain Darden Restaurants (NYSE: DRI) took the economic fallout of COVID-19 mitigation efforts right on the chin. The parent company behind Olive Garden and LongHorn Steakhouse is trading 35% lower in 2020, even after bouncing nearly 180% higher from the market bottom in March.

It could've been worse, though. Darden's fourth-quarter results were dreadful compared to the year-ago period's figures, but the report still exceeded Wall Street's estimates across the board.

Image source: Getty Images.

Source Fool.com

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