Effects of diabetes drugs such as Ozempic on restaurant and grocery demand are being questioned, but it’s too early to draw conclusions.
Darden Restaurants CEO Rick Cardenas got a question on a recent earnings call that even the industry analyst asking it thought was odd.
Despite all those breadsticks at Olive Garden, Cardenas said Darden has spent a lot of time over the years developing menus to give guests a wide range of choices. But it’s not just at Darden where these kinds of questions are coming up. Walmart U.S. CEO John Furner told “It’s an issue that those that follow stocks day in and day out … might find to be a catalyst, and a catalyst is something that is new news that might drive stocks either up or down,” Gordon said.
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