Tolivar provided guidance for full year 2025: "68 to 70 net new CAVA restaurant openings. CAVA same restaurant sales growth of 3% to 4%. CAVA restaurant level profit margin between 24.4% and 24.8%.
The restaurant consumer pullback of 2025 hasn’t been kind to the fast-casual segment, as evidenced especially by Chipotle’s recent challenges. CAVA also seems to be feeling the effects, reporting on ...
Cava Group Inc. cut its full-year sales growth targets after foot traffic stalled in the third quarter, adding to worrying trends that financially squeezed consumers are forgoing fast-casual ...
Nov 4 (Reuters) - Mediterranean restaurant chain Cava Group (CAVA.N), opens new tab on Tuesday cut its annual same-store sales growth forecast for the second time this year, signaling sluggish ...
CAVA Group, Inc. (NYSE: CAVA) ("CAVA Group" or the "Company"), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.