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After bucking industry trends, fast-casual chains like Chipotle and Cava are finally feeling the consumer slowdown.
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
Sweetgreen, Wingstop, Chipotle and now Cava have seen sales slow this year, and their stock hit hard in the process.
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
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Why Cava Stock Tumbled Today
The chain has delivered mostly blockbuster results since its 2023 IPO, but Cava's growth significantly slowed in the second ...
CAVA Group's same-restaurant sales came in well short of estimates as diners pulled back on spending. The ...
CAVA Group leverages tech, loyalty programs, and expansion for growth despite market challenges. Read why I rate CAVA a ...
CAVA Group, Inc. (NYSE: CAVA) ("CAVA Group" or the "Company"), the category-defining Mediterranean fast-casual restaurant ...
CAVA wasn’t immune to the pressures weighing on much of the restaurant industry in the second quarter. But even in one of its ...
Written by Harendra Ray for Zacks -> CAVA Group, Inc. CAVA has emerged as a standout success story since its 2023 IPO, cementing its position as one of the industry's top-performing stocks.
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining.
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GlobalData on MSNCAVA opens first restaurant in Pittsburgh, Pennsylvania
CAVA, a fast-casual dining chain specialising in Mediterranean cuisine, has opened its first restaurant in Pittsburgh, Pennsylvania, US.
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