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Restaurants are starting to see a drop in traffic and pressure from higher commodity prices and labor costs. So, it's no ...
As restaurants try to claw back customers alienated by price increases and other service hiccups, a few chains - Cava (CAVA), Starbucks Corp. (SBUX) and Dave & Busters Entertainment Inc. (PLAY) among ...
America’s restaurant industry is showing a surprising split, The Wall Street Journal writes. Fast-food and fast-casual chains like McDonald’s, Wendy’s, Chipotle and Cava are warning of weaker traffic ...
Checkers & Rally's plans 24 NJ locations while Teriyaki Madness targets 30+ stores as restaurant chains see growth ...
"Tightening the belt on restaurant spending is one of the earliest signs that households are feeling economic strain," said Todd Belt, professor at George Washington University. "It's not just about ...
The foundation pours have commenced for The Shoppes at District 31, marking the first phase of the expansive District 31 ...
On the profitability front, Cava's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) climbed ...
Quarterly results from Cava Group, Chipotle Mexican Grill and Sweetgreen raised warning signs about the strength of the fast-casual consumer.
Despite brands like Wingstop, Sweetgreen and Chipotle posting negative comparable sales in Q2, they remain headstrong on ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...
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