Fast casual dining has hit a rough patch in recent years, with the pandemic-era boom wearing out amid growing inflationary pressures that are taking a toll on consumer spending.
Despite the broad-based slowdown in the segment, key players such as Chipotle Mexican Grill Inc. (NYSE:CMG), Sweetgreen Inc. (NYSE:SG), and CAVA Group Inc. (NYSE:CAVA) have seen different trajectories this past year, hinting at something bigger at play.
