Weekly Wrap: Darden Turnaround on Track
The Olive Garden parent's rebound is one of the most interesting stories in restaurants today. Plus, strong results from a homebuilder and tepid sales from General Mills.
Scott Halver: Homebuilder Lennar has a strong fourth-quarter, Darden's turnaround is in full swing, and General Mill struggles with tepid sales. This time on the Morningstar Weekly Wrap.
Morningstar analyst Brian Bernard thinks Lennar finished 2016 on a high note and sees demand for housing on an upward trajectory, but he sees shares of the homebuilder as fairly valued today.
Morningstar.com does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.