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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 ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
After disappointing back-to-back earnings seasons, Chipotle ( CMG) , Cava Group ( CAVA) , and sweetgreen ( SG) are running ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...
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 ...
A photo of Hyphen's automated makeline Photo provided by Hyphen You can find original article here Nrn. Subscribe to our free daily Nrn newsletter. CAVA today joined its fast-casual competitor ...
But that's just a small snapshot of its story. When Cava (CAVA -0.60%) went public in June 2023, it was hailed by some as the new Chipotle Mexican Grill (CMG 0.34%).