Why Darden Restaurants Stock Was Gaining Today

Shares of Darden Restaurants (NYSE: DRI) were climbing today after the Olive Garden parent beat bottom-line estimates in its first-quarter earnings report, offered promising guidance for the current quarter, and reinstated its dividend, all signs the company was rebounding from the depths of the coronavirus crisis.

As a result, the stock was up 8.7% as of 3:21 p.m. EDT.

Image source: Darden Restaurants.

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Source Fool.com