The restaurant industry has started showing strong signs of recovery as Covid-19 headwinds have started to recede. Darden Restaurants’ recent result was a prime example of the recovery as the company delivered a strong same-restaurant sales number and an overall revenue growth of 51% surpassing Wall Street expectations. The company is seeing its sales per operating week up by 4.8% compared to the pre-Covid era. The momentum in the sales trend in the fourth quarter of previous year continued in t ....
05 Oct 2021
Darden Restaurants, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
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Darden Restaurants, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 10/21
- Published:
05 Oct 2021 -
Author:
Ishan Majumdar -
Pages:
14
The restaurant industry has started showing strong signs of recovery as Covid-19 headwinds have started to recede. Darden Restaurants’ recent result was a prime example of the recovery as the company delivered a strong same-restaurant sales number and an overall revenue growth of 51% surpassing Wall Street expectations. The company is seeing its sales per operating week up by 4.8% compared to the pre-Covid era. The momentum in the sales trend in the fourth quarter of previous year continued in t ....