Amid an even-more-dismal outlook, Sweetgreen pledges to rethink menu pricing
The fast-casual chain's sales woes deepened in the third quarter. Expect to hear more about value. And protein.
Cava downgrades expectations for the year after younger diners lose steam in Q3
Traffic was flat for a second consecutive quarter. But CEO Brett Schulman says the fast-casual chain continues to win market share as it holds off on increasing prices.
Chick-fil-A dominates teen dining preferences for the seventh consecutive year, capturing 17% of votes in Piper Sandler's latest "Taking Stock with Teens" survey, outpacing McDonald's (11%) and Chipotle (10%). The Atlanta-based quick-service chain dethroned Starbucks from the top spot years ago and continues its reign among younger consumers. However, teen spending declined 6% year-over-year to $2,213, reflecting broader economic pressures on this key demographic.