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Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
"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 ...
Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of ...
After disappointing back-to-back earnings seasons, Chipotle ( CMG) , Cava Group ( CAVA) , and sweetgreen ( SG) are running ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
On the profitability front, Cava's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) climbed ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...
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 ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
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