News

Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown

Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...

Cava Cuts Sales Outlook on Cautious Diners, High Growth Bar

Cava Group Inc.’s shares plummeted after the company trimmed its annual sales guidance, as skittish diners spent less on ...

Cava Stock Is Crashing. Is It Time to Buy?

Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...

Why CAVA Group Stock Is Falling Today

CAVA stock fell after quarterly sales missed expectations, though analysts highlighted strong store growth, profitability, ...

Mediterranean Dip: Cava Stock Heads for Biggest Fall on Record

Cava stock tumbled in off-hours trading, after the Mediterranean fast-casual restaurant chain reported weaker-than-expected ...

Chipotle, Cava, and Sweetgreen results reveal a challenging summer for America's favorite office lunch spots

Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.

Cava's shares crater after first annual sales growth target cut since IPO

Shares of Cava dropped 21% in extended trading on Tuesday, after the Mediterranean restaurant chain lowered its annual ...

Veteran trader reviews Cava Group earnings and has a sharp take

While "disappointed" by Cava's Q2 same-restaurant sales growth of 2.1%, Stifel analyst Chris O'Cull said that doesn't justify ...

In this economy, even the affluent are a ‘more cautious consumer,’ Sweetgreen CEO warns. Chipotle and Cava are hurting too

The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...