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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 ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
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 ...
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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%, ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
The sector has hit the wall in the US and shares in the local Mexican fast-casual chain appear to have been caught up in the ...
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
CAVA Group, Inc. stock dips 24%, but long-term growth potential remains strong. Click for my look at CAVA Q2 earnings and why ...
For 2025, Cava cut its same-restaurant sales growth outlook to 4%–6% from 6%–8% while raising its forecast for new restaurant openings to 68–70 from 64–68. Full-year adjusted EBITDA guidance remained ...
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