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Benzinga

Business

Surbhi Jain

Sweetgreen Vs. Cava: Wilted Earnings Meet Mediterranean Muscle In Q2

Cava Sweetgreen

Sweetgreen Chicago,,Illinois,-,April,18,,2021:,Sweetgreen,Storefront,And,Logo

Second quarter earnings reveal a tale of two bowls as Sweetgreen Inc (NYSE:SG) and Cava Group Inc (NYSE:CAVA) duke it out in the fast-casual restaurant sector.

Sweetgreen's stock took a 28% nosedive by 11 a.m. ET Friday after a dismal earnings miss that came out after market close on Thursday. CAVA, on the other hand, looks poised for a potential victory lap with its report due Aug. 12. One's serving up losses, the other's grilling for gains. Let's dig into the crunch.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Haiti postpones elections indefinitely as gang violence hampers preparations

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