Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...

On the profitability front, Cava's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) climbed ...

The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...

Fast casual dining boom is slowing, bowl brigade (Chipotle, Sweetgreen, CAVA) struggling with stock drops, sales decline due ...

Hyphen, a foodservice platform that automates culinary operations—including meal production at assembly stations—has raised ...

Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...

The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...

Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...

Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year sales forecast, and news of a fresh investment in food automation technology ...

Cava had reported a double-digit rise in same-store sales for the last four quarters, helped by demand for its pita wraps and ...

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 ...

As automation gains momentum in the food service industry, Mediterranean restaurant chain Cava—known for fan favorites like ...