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The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process.
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 ...
For 2025, Cava cut its same-restaurant sales growth outlook to 4%–6% from 6%–8% while raising its forecast for new restaurant openings to 68–70 from 64–68. Full-year adjusted EBITDA guidance remained ...
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.