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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 ...
The trend isn't universal. Denny's Corp. (DENN) has been feeling the pinch from the promo deluge. Still, last week, it pointed to signs of firming demand and said its own "Buy One Get One Slam for $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 ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
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 ...
Chipotle and Cava have jointly invested $25 million in Hyphen, a California robotics company that builds 'digital makelines' ...
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
She placed identical orders at Chipotle, one using her own name, Emily Joy Lemus, and the other using the name “Andrew”. Holding the bowls side by side, to the naked eye there does seem to be a ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...