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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 ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
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 ...
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 ...
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
CAVA’s Q3 2024 revenue rose 39% YoY to $243.82 million compared to Chipotle’s 13% YoY growth to $2.79 billion, roughly 10 CAVA’s revenue.
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.
I ate at Cava and Chipotle, and I can see why Gen Z has crowned a new fast-casual king Review by Nancy Luna Oct 31, 2023, 10:13 AM PDT ...
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