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What will be the impact of Uber Direct partnership on Olive Garden's stock price within six months?
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Story
Olive Garden Partners with Uber Direct for Food Delivery on Friday
Sep 19, 2024, 09:00 PM
Olive Garden has entered into a new partnership with Uber Direct to deliver its food, marking a significant shift for the restaurant chain. The deal, announced by parent company Darden Restaurants on Friday, aims to test the convenience of delivery and potentially reverse declining sales as consumers spend less at restaurants. CEO Rick Cardenas highlighted the opportunity to respect customers' time through this pilot delivery program. This move positions Olive Garden to join other restaurants in offering delivery services, leveraging Uber's extensive network.
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