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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 ...
After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...
The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
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 ...
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 ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
Cava shares the same favorable business traits with Chipotle. Cava stock has something working against it, a factor Chipotle's investors didn't have to worry as much about when it went public in 2006.