New York —
Purveyors of the so-called “slop bowl” just had another messy quarter.
What was once the lowly desk salad has since expanded to a mish-mosh of options in a bowl, ranging from proteins like carne asada and lamb meatballs to toppings like tzatziki or red chimichurri, and has become a staple of the American worker’s diet.
But the big three slop slingers — Cava, Chipotle and Sweetgreen — all reported similar problems in their recent earnings: Younger customers, particularly those aged between 25 to 35, are pinching pennies and choosing to forgo the $15 (or $20) warm bowls.
Instead, they are packing their lunches or gravitating toward fast food chains offering deep discounts, thus hurting the trio’s bottom lines.
The fast
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