Olive Garden teams up with Uber Direct to offer delivery [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
Darden Restaurants , which owns Olive Garden, LongHorn Steakhouse and other chains, said Olive Garden will be the first of its brands to offer third-party delivery starting later this year. Individual orders will be picked up and delivered by Uber Direct, a premium delivery service. Olive Garden won't be listed on the broader Uber Eats platform. If the initial pilot is successful, the delivery option will expand nationwide by May 2025, Darden said. Darden shares jumped 7% in morning trading Thursday. The move is a reversal for Orlando, Florida-based Darden, which has long delivered large catering orders itself but has resisted third-party delivery for individual orders in the past. In 2018, Darden's then-President and CEO Gene Lee said the company was testing third-party delivery but was skeptical. “There continue to be significant hurdles that we need to work through, such as how do we ensure that these delivery services will enhance our brands? Can it be flawlessly executed
Show less
Read more
Impact Snapshot
Event Time:
UBER
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UBER alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UBER alerts
High impacting Uber Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
UBER
News
- Uber to provide delivery for Olive Garden in new partnership [FOX Business Network]FOX Business Network
- Wall Street Lunch: Geopolitical Tensions Biggest Risk To Markets - Dimon [Seeking Alpha]Seeking Alpha
- The American Express Gold Card Just Got More Expensive. Why I'm Still Keeping Mine [CNET News]CNET News
- Darden Misses Q1 Earnings Estimates, Partners With Uber For Delivery Expansion [Yahoo! Finance]Yahoo! Finance
- Celebrities, CEOs, and sports stars pile into $5 million fundraise for Midi Health, a startup providing menopause care [Yahoo! Finance]Yahoo! Finance
UBER
Earnings
- 8/6/24 - Beat
UBER
Sec Filings
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- 9/18/24 - Form 4
- UBER's page on the SEC website