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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 ...
Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
TheStreet. The 'bowl market' is over. Long live the bowl. After disappointing back-to-back earnings seasons, Chipotle (CMG) , ...
Hyphen, a foodservice platform that automates culinary operations—including meal production at assembly stations—has raised ...
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 ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
Piper Sandler analyst Brian Mullan maintained a Buy rating on CAVA Group, Inc. today and set a price target of $100.00. The company’s shares closed yesterday at $84.50. Take advantage of TipRanks ...
Citi analyst Jon Tower maintained a Hold rating on CAVA Group, Inc. today and set a price target of $88.00. The company’s shares closed yesterday at $84.50. Take advantage of TipRanks Premium at 50% ...
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 ...
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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%, ...
Improved valuation after stock drop, despite Q2 challenges. Read here for more on CAVA stock's growth prospects and key risks ...
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