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Baird says Darden’s outlook still achievable; trends steady

Baird analysts said Darden’s full-year outlook still looks achievable and they have not seen signs of softer casual dining trends despite concerns about rising gas prices.

DRI

Darden Restaurants' full-year outlook still looks achievable, Baird analysts said in a research note. Although they had worried that higher gas prices could lead consumers to pull back on spending, the analysts said they have not seen signs of softer casual dining trends. “We believe Darden is well positioned to…”