Tag: restaurants

Cava Beats Quarterly Estimates as Diners Avoid Lettuce Amid Food-Safety Scares

Cava Group topped quarterly expectations and reaffirmed its forecasts as sales grew despite some diners avoiding lettuce amid a summer of food-safety scare

Sweetgreen Cuts Full-Year Outlook as Cyclospora Fears Dampen Salad Sales

Sweetgreen lowered its full-year sales forecast and recalled jalapenos as a wider cyclospora outbreak dampens consumer demand, despite no direct link to th

Activist Investor Starboard Value Builds New Stake in Shake Shack

Activist investor Starboard Value has built a new stake in fast-casual chain Shake Shack, its latest move into the restaurant sector following bets on Star

Chipotle Pulls Jalapeños from Some Restaurants Amid US Salmonella Outbreak Probe

Chipotle has removed jalapeños from some US restaurants after identifying them as a possible source of a salmonella outbreak that has sickened about 100 pe

Yum Brands Posts Mixed Quarterly Results as Cyclospora Outbreak Clouds Taco Bell Outlook

Yum Brands reported mixed second-quarter results while giving no update on a cyclospora outbreak tied to Taco Bell that threatens the chain's momentum.

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