CAVA Group Stock News

The fast-casual bowl boom has stalled, with Cava, Chipotle, and Sweetgreen all experiencing sales slumps and sharp stock selloffs. The chain restaurants are leaning on promotions and loyalty programs to pull customers back in through the door, in particular younger Gen Z consumers who helped make the brands success stories but who are now cutting back on spending.

Markets were broadly higher on Friday as investors grew more confident following Thursday's sharp declines. Cava and WillScot Holdings were among the top gainers.

Prime Capital initiated position in Cava with 541,330 shares, a $32.70 million increase. The position represents a 3.93% of 13F assets under management.

If you work in an office, chances are good that you're familiar with the “slop bowl,” TikTok's term for the ubiquitous lunch of nine-to-fivers that involves a bunch of ingredients mixed together with a base of salad or rice.

WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, is today announcing that it will launch its first-ever merch store: The CAVA Shop on Thursday, November 13 at 12 p.m. ET. Created by CAVA's founders, the initial collection of merch is a love letter to the brand's most devoted fans, those who live for feta, dream in harissa, and never skip a dri...

CAVA Group Inc. NYSE: CAVA stock is down a fraction in midday trading the day after the company delivered a disappointing, but not surprising, third-quarter earnings report.

The main concern for Wingstop and Cava is the slowdown of same-restaurant sales growth yet both have lofty valuations.

Coach parent Tapestry is still drawing new customers, especially from Gen Z, which is spending on handbags and other fashion accessories. The company is at odds with businesses like Chipotle and Cava, which saw a drop in sales among younger customers.