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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.
3h
Zacks.com on MSNBuy or Avoid the Drop in Chipotle & Cava Group's Stock?
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.
Chipotle and Cava have jointly invested $25 million in Hyphen, a California robotics company that builds 'digital makelines' ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
The US president said he hoped the meeting with Russia's president would 'save lives' and that the Russian invasion of ...
10h
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%, ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
Piper Sandler analyst Brian Mullan maintained a Buy rating on CAVA Group, Inc. today and set a price target of $100.00. The company’s shares closed yesterday at $84.50. Take advantage of TipRanks ...
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 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 ...
CAVA Group, Inc. shows growth potential but is overvalued at current levels. DCF analysis suggests a fair value of ~$25/share ...
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