The parent company of Olive Garden has posted some good news recently. Is that enough to support the stock's rapid recovery?
News & Analysis: Darden Restaurants
Will the plant-based meat maker continue to outperform the aging restaurant giant?
DRI earnings call for the period ending November 29, 2020.
Conditions are rapidly deteriorating at the restaurant operator.
A coronavirus vaccine means Darden could begin to recover. It will also be facing less competition.
Why Previously Discarded Restaurant Stocks Like Darden, Chuy's, Denny's, and Ruth's Chris Soared on Monday
These companies need open dining rooms at full capacity before their recoveries are complete, and an effective vaccine could help facilitate that.
The owner of Olive Garden and LongHorn Steakhouse has outperformed many of its peers.
They're no longer the tasty investment they were just a few months ago.
Shares of the restaurant owner continued to recover in September as business continued to get back toward normal.
DRI earnings call for the period ending August 30, 2020.