News of a deal with Uber Technologies is lifting shares of Darden Restaurants even though the company reported a drop in same-store sales, among other disappointing financial results. For its first fiscal quarter,

Darden Restaurants has reached an exclusive multi-year alliance with Uber Technologies to offer on-demand delivery for its Olive Garden brand. The service, leveraging Uber Direct's national delivery network, is set to launch towards the end of 2024, initially from select locations.

Darden Restaurants' Q1 earnings came up short of expectations, but bulls are cheering the Olive Garden parent's new food delivery partnership with Uber.