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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.
Known for generating massive gains for investors, Chipotle and Cava Group have seen their stocks fall mightily to 52-week lows following their lackluster Q2 results.
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
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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%, ...
The US president said he hoped the meeting with Russia's president would 'save lives' and that the Russian invasion of ...
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 ...
CAVA Group, Inc. shows growth potential but is overvalued at current levels. DCF analysis suggests a fair value of ~$25/share ...
Alternative asset manager Proterra acquires farmland manager AcreTrader, while ex-eFishery CEO is detained over alleged ...
The food truck was closed for a while because of imminent health hazards. The health department continued working with the manager to reopen the place.
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