Large-cap software, footwear, and casual dining have been unable to keep pace. High-profile names like Starbucks continue to lag, and the golden era of buyouts, from Applebee’s to Panera Bread and Buffalo Wild Wings, feels like a distant memory. Sweetgreen sank 23% on August 8 following disappointing results, and the selloff continued Tuesday after the close, with CAVA Group plunging more than 20%.
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Casual Dining Hits Headwinds: What’s Next for CAVA, Cheesecake Factory, and Shake Shack?
Published 2 months ago
Aug 13, 2025 at 5:55 PM
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