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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.
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
After disappointing back-to-back earnings seasons, Chipotle ( CMG) , Cava Group ( CAVA) , and sweetgreen ( SG) are running ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
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 ...
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Restaurants from IHOP to Chipotle sound alarm over tariffs spooking customers into staying home
Americans ate 1 billion fewer meals at restaurants between January and March than they did the year before, according to data ...
Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process.
"It's pretty obvious that the consumer is not in a great place overall," said CEO Jonathan Neman on Thursday's call.
Chipotle and Sweetgreen are betting big on local farmers despite the ongoing crisis in the agricultural industry.
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
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