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Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
After disappointing back-to-back earnings seasons, Chipotle ( CMG) , Cava Group ( CAVA) , and sweetgreen ( SG) are running ...
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 ...
Despite brands like Wingstop, Sweetgreen and Chipotle posting negative comparable sales in Q2, they remain headstrong on ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process.
Sweetgreen said it is aware of Chipotle's lawsuit, but it doesn't comment on pending litigation, according to RELATED: . The salad chain's shares fell more than 10% on the news Wednesday.
"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.
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