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The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
Build-your-own-bowl fast casual restaurants were among the top performing US stocks of 2024. Now, they have wilted amid renewed price competition from fast food operators such as McDonald's, at one ...
16h
Benzinga on MSNCava Stock Drops 16% As Weak Sales Mirror Broader Fast-Casual Struggles
Cava shares fell 16% in afternoon trading on Wednesday after reporting second-quarter same-store sales growth of 2.1%, ...
The restaurant environment is brutal and consumers aren’t eating out as much. But don’t tell that to the full-service ...
22h
Asianet Newsable on MSNBrinker Bets On Chili’s Strength After Strong Q4, Annual Outlook: Retail Traders Bite, This Analyst Doesn't
Brinker, which also operates Maggiano’s chain, published strong fourth-quarter results and a full-year outlook on Wednesday.
Democrat Abigail Spanberger declined to participate in a CNN debate that Republican Winsome Earle-Sears accepted.
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