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After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of ...
Despite brands like Wingstop, Sweetgreen and Chipotle posting negative comparable sales in Q2, they remain headstrong on ...
The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year sales forecast, and news of a fresh investment in food automation technology ...
Cava shares the same favorable business traits with Chipotle. Cava stock has something working against it, a factor Chipotle's investors didn't have to worry as much about when it went public in 2006.
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