Reported about 1 year ago
Shares of Darden Restaurants (DRI) are rising after surpassing earnings expectations, but Guggenheim Securities Senior Analyst Gregory Francfort remains cautious due to ongoing pressure on low-end consumers and shifting customer behavior. Despite maintaining prices below competitors, Darden has not seen significant traffic growth amidst inflationary pressures. Francfort expresses a reserved outlook on the company's future performance.
Source: YAHOO