Fast casual
has angst
to overcome

Kurt Vonnegut Jr. wrote that “maturity is a bitter disappointment for which no remedy exists,” and so it has been with the coming-of-age fast-casual restaurant segment.

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Weakening same-store sales and slower-than-expected store openings sent the share price down as much as 45%.

The company is also expanding its delivery program into new markets.

A reported valuation of the salad chain seems like a lot, but it’s not unprecedented, says RB’s The Bottom Line.

The company said its “For Real” ads lifted sales in September and October.

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