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Known for generating massive gains for investors, Chipotle and Cava Group have seen their stocks fall mightily to 52-week lows following their lackluster Q2 results.
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
As Cava, Sweetgreen and Chipotle became office workers’ lunches of choice, investors gorged on their shares. Slipping sales ...
Robots have been pouring queso for years. Now, they're drizzling tzatziki.
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 ...
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 ...
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 ...
Hyphen, a foodservice platform that automates culinary operations—including meal production at assembly stations—has raised ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...