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Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of ...
Chipotle and CAVA shares slid after mixed results and trimmed guidance, raising questions over which restaurant stock offers ...
Restaurants are starting to see a drop in traffic and pressure from higher commodity prices and labor costs. So, it's no ...
Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year ...
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
"Tightening the belt on restaurant spending is one of the earliest signs that households are feeling economic strain," said Todd Belt, professor at George Washington University. "It's not just about ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process.
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
On the profitability front, Cava's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) climbed ...
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