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Darden Stock: Time to Buy the Dip?

·3 min read
Darden Stock: Time to Buy the Dip?
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Investors in Darden Restaurants (NYSE: DRI) had some big questions heading into its latest earnings report. While growth at the restaurant chain had been solid in early 2022, the owner of such popular dining brands as Olive Garden and Longhorn Steakhouse had seen soaring costs on everything from labor to food inputs. Investors were also worried about a sharp slowdown ahead as consumers begin cutting expenses in response to inflation spikes.