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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 ...
14h
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%, ...
The restaurant environment is brutal and consumers aren’t eating out as much. But don’t tell that to the full-service ...
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 ...
21h
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.
9h
Khaleej Times on MSNFed expected to stick with regular-sized rate cut after hot inflation data
A jump in U.S. wholesale prices last month looks to have all but erased the possibility that the Federal Reserve will deliver ...
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