News

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 ...
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 ...
Cava shares fell 16% in afternoon trading on Wednesday after reporting second-quarter same-store sales growth of 2.1%, ...
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 ...
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 ...
Brinker, which also operates Maggiano’s chain, published strong fourth-quarter results and a full-year outlook on Wednesday.
Chipotle and Cava have jointly invested $25 million in Hyphen, a California robotics company that builds 'digital makelines' ...