Cava stock plummets after company lowers forecast on disappointing same-store sales growth
Cava on Tuesday lowered its full-year forecast for same-store sales growth after a disappointing second quarter.For the full year, Cava ...
Tag: Sweetgreen Inc
From Starbucks to Smoothie King, restaurants seek to cash in on consumers’ protein frenzy
Starbucks Protein DrinkCourtesy: StarbucksRestaurant chains are joining in on the protein frenzy, hoping to encourage diners to pay more for ...
Sweetgreen shares drop 23% after salad chain cuts outlook for the second time in two quarters
People walk past a Sweetgreen restaurant in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares dropped 23% on ...
Fast-casual restaurants lean on loyalty programs to offset consumer pullback
A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersAs some consumers pull ...
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
A customer exits a Cava restaurant in New York City on June 22, 2023.Brendan McDermid | ReutersCava on Thursday reported ...
These restaurant chains closed locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to ...
Sweetgreen, Chipotle and other fast-casual chains are bucking the consumer slowdown
A food delivery messenger carries a take-out bag outside a Sweetgreen in Manhattan, New York City, on Sept. 14, 2023.Jeenah ...
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly 34% on ...
Most people on weight loss drugs are spending less on restaurants and takeout, survey says
A food delivery messenger carries a take out bag outside aSweetgreen in Manhattan on September 14, 2023.Jeenah Moon | The ...
Food-delivery startup Wonder Group gets $100 million investment from Nestle
Food-delivery company Wonder Group has gotten a cash infusion from Nestle, as the startup looks to sell high-tech kitchen equipment ...
