Sweetgreen: Sales Are Dwindling As Margins Erode (Downgrade)

2026-03-03 11:22:57 ET

No sector in 2026 is under as much pressure as the software sector, where the growing “SaaSpocalypse” narrative has wiped hundreds of billions in market value from both mega-cap tech stocks and smaller-cap names. But arguably a close second in terms of distressed sectors is the restaurant space. Plagued by weaker consumer spending and heavy inflation, restaurants (particularly in the fast-casual space) have suffered deep declines in traffic....

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