It's Thursday, June 25th.

Welcome to Market Foolery.

I'm Chris Hill with me today.

The one I know, Bill Barker.

Good to see you.

Good to be here.

We've got a full plate.

We've got housing, we've got consumer goods, we're going to dip

into the full mail bag, but we're going to start with what was at one point today the number

one gainer on the S&P 500 and that's Darden restaurants.

Darden is the parent company of Capital Grill, Longhorn Steakhouse, and of course

Olive Garden. Shares of Darden restaurants up around 5% because the fourth quarter loss

wasn't as bad as analysts were expecting, which is saying something because same store sales were basically cut in half.

Yeah, total sales decreased 43 percent, same store sales down 47% a few more restaurants open as compared to last year

Just across the board all the brands saw 40 to 70 percent declines in sales

Olive Garden the biggest and decline the least because I guess it's got the most likely

uh... takeaway menu uh... so that

that helped a little bit uh... of course this was the three months being March

April, May. This is the report that ended May 31st. Probably the three worst

months for restaurant sales.

So I think that to the degree that the stock

is moving up a little bit today, it's relief that some of the guidance for the year ahead is not as bad

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