As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the modern fast food industry, including Noodles (NASDAQ:NDLS) and its peers.
CAVA’s stock price has taken a beating over the past six months, shedding 33.1% of its value and falling to $81.90 per share. This may have investors wondering how to approach the situation.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Potbelly (NASDAQ:PBPB) and the best and worst performers in the modern fast food industry.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the modern fast food industry, including Shake Shack (NYSE:SHAK) and its peers.
Mid-cap stocks have the best odds of scaling into $100 billion corporations thanks to their tested business models and large addressable markets.
But the many opportunities in front of them attract significant competition, spanning from industry behemoths with seemingly infinite resources to small, nimble players with chips on their shoulders.
CAVA Group posted amazing 21% YoY same restaurant sales in Q4, crushing Chipotle's 5.4% and Sweetgreen's 4% comps growth, yet shares fell 10% in reaction.
