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Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
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Africanews on MSNSudan's Khartoum airport gets a new runway as it inches closer to reopening
Repairs at Khartoum Airport ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
Known for generating massive gains for investors, Chipotle and Cava Group have seen their stocks fall mightily to 52-week lows following their lackluster Q2 results.
Alternative asset manager Proterra acquires farmland manager AcreTrader, while ex-eFishery CEO is detained over alleged ...
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
The US president said he hoped the meeting with Russia's president would 'save lives' and that the Russian invasion of ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
Build-your-own-bowl fast casual restaurants were among the top performing US stocks of 2024. Now, they have wilted amid renewed price competition from fast food operators such as McDonald's, at one ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
The sector has hit the wall in the US and shares in the local Mexican fast-casual chain appear to have been caught up in the ...
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