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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 ...
TheStreet. The 'bowl market' is over. Long live the bowl. After disappointing back-to-back earnings seasons, Chipotle (CMG) , ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
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 ...
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
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Amazon S3 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%, ...
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 ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
(Reuters) -Shares of Cava dropped 21% in extended trading on Tuesday, after the Mediterranean restaurant chain lowered its ...
CAVA wasn’t immune to the pressures weighing on much of the restaurant industry in the second quarter. But even in one of its ...
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