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The Latest Breaking News from Sweetgreen

How the explosive diarrhea outbreak is rattling restaurants across America

It’s been a choppy year for restaurants that lean into lettuce

The Independent UK

Jersey Mike's IPO valuation could reach eight times Sweetgreen's market cap

Jersey Mike’s is targeting a valuation that would rank among the largest recent restaurant IPOs, highlighting the premium investors are placing on fast-growing, asset-light franchise businesses.

Fortune

Taco Bell sees decline in traffic alongside popular salad chains amid cyclospora outbreak

Traffic at Sweetgreen, Chopt and Panera Bread has dipped modestly

The Independent UK

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Explained: Why are US food joints removing lettuce from menus

Taco Bell has removed shredded iceberg lettuce from its restaurants after US health authorities linked the ingredient to a multistate outbreak of cyclospora, a parasitic infection that causes prolonged diarrhoea and other gastrointestinal symptoms.

The Times of India

Investors Are Buying Into Sweetgreen Again—Should They?

Sweetgreen continues to miss earnings estimates, but signs of improving traffic and a discounted valuation seem to be fueling optimism.

MarketBeat

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45.

The Wonder founder is automating fast-casual food with machines that make salad and poke bowls, sauces, and eventually drinks but there are few roles for humans in these kitchens.

Fortune

Cava, Sweetgreen, and Chipotle are finally realizing they need to look beyond the ‘slop bowl’

Wraps and protein are emerging as the next fast-food bandwagons.

Fortune

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Meet your new robot fry cooks: Inside the $28 billion race to disrupt White Castle and Jack in the Box

Miso Robotics’ Flippy slung chicken tenders and Tater Tots at Dodger Stadium, and CEO Rich Hull has bigger ambitions for the tech.

Fortune

‘Why would you do that to me?’: California woman goes to Sweetgreen. Then she notices something strange in her salad

Finding something unusual in a takeout meal can easily leave a bad taste in your mouth.

The Mary Sue

Two popular salad chains advised to ‘sell smaller’ as customers swap for fast food

This month, Just Salad doubled sales in Manhattan by cutting a market plate’s price from $14.99 to $9.99

The Independent UK

Why Consumers Are Abandoning Chipotle, Sweetgreen and Cava

While consumers confront the affordability crisis, fast-casual chains are paying the price as customers seek out budget-friendly options.

MarketBeat

Get Ready for a Short Squeeze in Sweetgreen Stock

As the government reopens, Sweetgreen’s stock is already heating up and could skyrocket further.

Barchart

Fast-Casual Chains Lose Their Bite: Chipotle, Sweetgreen And CAVA Feel Inflation Squeeze

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.

Benzinga

Cava, Chipotle Trade Like Bargains—But Wall Street Hasn't Caught Up Yet

Fast-casual's bowl brigade is tasting something new this season: a healthy serving of valuation discipline. Once priced like tech disruptors, Chipotle Mexican Grill Inc (NYSE:CMG), CAVA Group Inc (NYSE:CAVA) and Sweetgreen Inc (NYSE:SG) are now navigating a sharp reset as investors reassess growth expectations and future profitability.

Benzinga

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Fortune

The one-time 'Oracle of Wall Street' who called the 2008 crash sounds the alarm for Gen Z and Millennials in the year ahead

Meredith Whitney says younger generations face significant financial headwinds.

The Independent UK

Adults are happy for Happy Meals: Here’s why so many are ordering off the kids’ menu

This kids’ meal kick comes at a time when restaurant prices remain high

The Independent UK

Fast casual restaurant chains report drop in earnings

IN FULL

The Independent UK

Why Shake Shack, Sweetgreen and Cava are flashing warning lights for the US economy

Casual food businesses reliant on coastal cities could be first to be hit by consequences of Donald Trump’s aggressive policies on international trade and immigration

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news in one place.

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Fortune

In this economy, even the affluent are a 'more cautious consumer,' Sweetgreen CEO warns. Chipotle and Cava are hurting too

The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman said.

Benzinga

Chipotle Vs. Sweetgreen Vs. Cava: Who's Winning The Bowl Battle?

The COVID-19 pandemic-era boom in fast casual dining is officially cooling, and the industry's once high-flying "bowl brigade" — Chipotle Mexican Grill Inc (NYSE:CMG), Sweetgreen Inc (NYSE:SG), and CAVA Group Inc (NYSE:CAVA) — is now fighting to keep both customers and investors on their side.

Fortune

Sweetgreen's CEO is beefing up protein portion sizes because corporate America is demanding more from $16 sad desk salads

The urban salad chain, which dominated the zeitgeist of the 2010s, cut its annual outlook the last two quarters consecutively.

Benzinga

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

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.

Benzinga

Sweetgreen Stock Plummets On Disappointing Q2 And Slashed Forecast

Shares of Sweetgreen Inc (NYSE:SG) are trading sharply lower Friday morning after the company reported weaker-than-expected second-quarter results and cut its full-year revenue forecast, prompting multiple Wall Street analysts to lower their price targets.

Benzinga

Sweetgreen's Q2 Earnings Miss Sends Shares Tumbling After Hours

Sweetgreen Inc (NYSE:SG) shares are tanking in Thursday’s after-hours session after the company turned in worse-than-expected financial results and cut its full-year guidance.

Benzinga

Cramer Praises Monster Beverage As 'Smoking Hot,' Warns Investors About This AI Stock

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Okta, Inc. (NASDAQ:OKTA), saying he wants to own more Okta.

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