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Consumers are getting more cautious about their spending — and that means cutting back on expensive lunch salads.
At least, that’s the sentiment coming out of Sweetgreen Inc.’s
SG latest earnings, as the salad chain called out weak performance at its Northeast stores and forecast a 4% to 6% drop this quarter in same-store sales, a measure of revenue performance at locations that have been open at least 13 fiscal months.
This post was originally published on Market Watch
