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

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

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 ...

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

Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of ...

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

But that's just a small snapshot of its story. When Cava (CAVA -0.60%) went public in June 2023, it was hailed by some as the new Chipotle Mexican Grill (CMG 0.34%).

Cava shares the same favorable business traits with Chipotle. Cava stock has something working against it, a factor Chipotle's investors didn't have to worry as much about when it went public in 2006.

I ate at Cava and Chipotle, and I can see why Gen Z has crowned a new fast-casual king Review by Nancy Luna Oct 31, 2023, 10:13 AM PDT ...