๐ฅ๐ Sweetgreen fell 15.4% after Q2 revenue of $192.7M missed expectations and its GAAP loss widened to $0.22/share (vs. ~$0.13 est.).
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22Monยท
Not a great day for salad chains
๐ฅ Not a great day for salad chains: $SG down 8% (down 26% MTD) and $CAVA down 5% (down 16%+ in July) as the FDA keeps digging into a cyclospora outbreak tied to the sector. #restaurantstocks
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