Darden Restaurants (NYSE:DRI) is being sized up by analysts and investors after the restaurant operator issued a mixed FQ1 earnings report and disclosed a new exclusive multi-year delivery partnership with Uber Technologies (UBER) set to begin with Olive Garden in late 2024.

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.

Olive Garden parent Darden Restaurants reported weaker-than-expected earnings and revenue for its fiscal first quarter.

Olive Garden-owner Darden Restaurants said on Thursday it has entered into a delivery deal with Uber Technologies , sending its shares up about 7% in premarket trading.

Olive Garden parent Darden Restaurants Inc., which announced a new delivery deal with Uber Direct, expects to the pilot program to help make better use of customers’ time, executives said Thursday.

Darden Restaurants shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber.

Darden Restaurants (DRI) reports mixed sales results in FQ1, with a decrease in Olive Garden but an increase in LongHorn Steakhouse.