fast casual

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...

Chipotle Mexican Grill Inc's (NYSE:CMG) cult following may not be recession-proof after all. CEO Scott Bowright admitted during Chipotle’s third quarter earnings call that younger and lower-income consumers are pulling back — but he's drawing a firm line: no discounts. Track CMG stock here...

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...

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....

Chipotle Mexican Grill Inc (NYSE:CMG) reported financial results for the first quarter after the market close on Wednesday. Here’s a look at the key details from the quarter. Q1 Earnings: Chipotle reported first-quarter revenue of $2.9 billion, missing analyst estimates of $2.95 billion...

Restaurant stock Chipotle Mexican Grill (NYSE:CMG) reported third-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Chipotle reported third-quarter revenue of $2.79 billion, up 13% year-over-year. The total missed a Street consensus estimate of $2...

Restaurant stocks have seen mixed results in 2024, but Goldman Sachs analyst Christine Cho is encouraged by many prominent brands amid today’s price tailwind environment. The Fast Food Analyst: Cho initiated ratings for the following fast food stocks: Wendy’s Co (NASDAQ:WEN) with a...

The first restaurant IPO in some time kicked off with a bang Thursday, as shares of Cava Group (NYSE: CAVA) soared from their initial price and saw a surge of interest from traders and investors. What Happened: Mediterranean restaurant chain Cava sold 14.4 million shares at a price of $22 in its...

Casual fast food chain Noodles & Co (NASDAQ: NDLS) reported fourth-quarter results on Feb. 25 and discussed a three-year strategic growth plan. On Monday, Benzinga had the opportunity to chat with Noodles & Co. CFO Carl Lukach about the company's outlook one year after the...

Casual fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) is testing a smoked brisket product at 64 restaurants.  Chipotle's Brisket: Chipotle's smoked beef brisket is seasoned with a secret spice blend, seared on the grill and finished with a Mexican pepper sauce, the...

Restaurants in a handful of states reopened their doors with limited seating in recent days. Benzinga checked in with a handful of restaurants of different sizes to see how they are faring so far at a time when the coronavirus pandemic remains a major overhang for restaurants.  This...

Fast casual restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG) is undergoing a compelling earnings recovery story led by a new management team, according to Morgan Stanley.  The Analyst Morgan Stanley's John Glass upgraded Chipotle Mexican Grill from Equal-weight to...

Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) were trading higher by 25 percent Thursday afternoon after the restaurant chain reported first-quarter results that convinced some Wall Street analysts a turnaround is underway. What's next for the fast casual chain?  'The Food Is...

Despite the rise in popularity from fast casual restaurants Panera Bread Co (NASDAQ: PNRA), Chipotle Mexican Grill, Inc. (NYSE: CMG), and Noodles and Co (NASDAQ: NDLS) in recent years, fast food still remains King. Fast food restaurants traffic increased 5 percent faster than fast casual...

In a report published Thursday, Goldman Sachs analyst Karen Holthouse reviewed the fast food/casual restaurant sector, noting the group has outperformed the S&P 500 index year-to-date, rising 11 percent versus the 1 percent decline in the overall index. Given the group's strong...