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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 ...
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 ...
20h
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%, ...
Democrat Abigail Spanberger declined to participate in a CNN debate that Republican Winsome Earle-Sears accepted.
SVVC) on Thursday reported a loss of $90,000 in its second quarter. On a per-share basis, the San Jose, California-based ...
While "disappointed" by Cava's Q2 same-restaurant sales growth of 2.1%, Stifel analyst Chris O'Cull said that doesn't justify ...
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