News

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 ...
Cava shares fell 16% in afternoon trading on Wednesday after reporting second-quarter same-store sales growth of 2.1%, ...
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 ...
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 ...
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 ...