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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 ...
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Benzinga on MSNCava Stock Drops 16% As Weak Sales Mirror Broader Fast-Casual Struggles
Cava shares fell 16% in afternoon trading on Wednesday after reporting second-quarter same-store sales growth of 2.1%, ...
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process.
CAVA Group, Inc. stock dips 24%, but long-term growth potential remains strong. Click for my look at CAVA Q2 earnings and why ...
CAVA wasn’t immune to the pressures weighing on much of the restaurant industry in the second quarter. But even in one of its ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
Sweetgreen, whose salads generally cost around $15 before tax, is taking a hit as consumers seek out more affordable meals.
Mediterranean restaurant chain, Cava, is closely observing the behavior of its customers, as uncertainties continue to fog ...
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