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Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
U.S. stocks are drifting around their record levels after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 rose 0.1% Wednesday, coming off its latest ...
On Wall Street, stocks of companies that could benefit most from lower interest rates helped lead the way. PulteGroup climbed ...
Cava Group reported second-quarter revenue of $278.25 million, missing estimates of $286.58 million, according to Benzinga Pro. Adjusted earnings of 16 cents per share topped forecasts of 14 cents.
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
The company launched same-day grocery delivery in 1,000 cities and plans to more than double it to over 2,300 U.S. areas by ...
The blue chip Dow Jones Industrial Average gained 1.0% to 44,922 on strength in UnitedHealth Group ( UNH, +3.9%) and Nike ( NKE, +3.1%). The IPO market remains hot as evidenced by today's market debut ...
In addition, the company reported adjusted earnings per share of 16 cents, beating the consensus estimate of 14 cents. Cava ...
CAVA stock fell after quarterly sales missed expectations, though analysts highlighted strong store growth, profitability, ...
The Mediterranean fast casual restaurant reported same-restaurant sales growth of 2.1%, well below analysts’ expectations of ...