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After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
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.
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
This week’s episode of the Restaurant Business podcast The Week in Restaurants looks at the suddenly weaker state of the fast ...
The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...
Fast-casual rivals Chipotle Mexican Grill and Cava Group have taken an unusual step for direct competitors by joining forces to back the same technology startup. Their shared partner is Hyphen, a San ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year sales forecast, and news of a fresh investment in food automation technology ...
The foundation pours have commenced for The Shoppes at District 31, marking the first phase of the expansive District 31 ...
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