Darden Restaurants’ stock has been hit after the rising fears associated with the fast-spreading Omicron variant. The company had a fantastic last quarter when sales trends were strong across all of its brands. They also accomplished excellent profitable sales growth despite a challenging inflationary environment. However, cost pressures on commodities and labour have continued to be beyond management expectations with inflation beyond 6% hitting the margins. Darden’s management implemented seve ....
20 Jan 2022
Darden Restaurants, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Darden Restaurants, Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 1/22
- Published:
20 Jan 2022 -
Author:
Ishan Majumdar -
Pages:
14
Darden Restaurants’ stock has been hit after the rising fears associated with the fast-spreading Omicron variant. The company had a fantastic last quarter when sales trends were strong across all of its brands. They also accomplished excellent profitable sales growth despite a challenging inflationary environment. However, cost pressures on commodities and labour have continued to be beyond management expectations with inflation beyond 6% hitting the margins. Darden’s management implemented seve ....