Sweetgreen’s stock nosedived after dismal Q2 results, reigniting doubts about its scalability and consumer appeal. Management blames execution and macro headwinds – but investors may be losing faith in the salad chain’s long-term promise.
Multiple pro athletes have either invested in plant-based foodservice and food retail brands or launched their own brands in recent years, including John Salley, Tom Brady, Chris Paul, Ed McCaffrey, and Mike Tyson. Let’s take a look at a few of these business ventures – and the motivators behind them.
McDonald’s stock has fared well lately, though its value edge has fizzled. Consumers are hungry for more than just $5 deals. History suggests resilience, but can the golden arches glitter amid rising costs and shrinking sales?