Is This Surprisingly Successful Stock About to Soar?
The restaurant industry might be one of the last areas an investor will consider when looking for steady growth. Many of these businesses struggle to post strong earnings during the best of times, and a potential recession on the way might mean even weaker growth.
But some restaurant chains are better equipped than others. Darden Restaurants (NYSE: DRI), owner of the Olive Garden and LongHorn Steakhouse brands, recently announced solid operating results through late August. Management is bullish about the rest of 2022 as well, despite the challenges facing the industry.
Let's look at whether these wins make Darden a tasty investment choice right now.
Source Fool.com
