Cava

Financing

Cava downgrades expectations for the year after younger diners lose steam in Q3

Traffic was flat for a second consecutive quarter. But CEO Brett Schulman says the fast-casual chain continues to win market share as it holds off on increasing prices.

Financing

How Cava Group financed its way to the top of the burgeoning Mediterranean sector

A deep dive into the finance history of the fast-casual chain, from its early years scratching and clawing for loans and investment, to one of the most successful IPOs in restaurant industry history.

Cava launches tiered loyalty program with industry-first "status matching." Guests can jump to top Sun tier by showing premium status from airlines, hotels, or rival restaurant chains like Starbucks.

Behind the Menu: The fast casual’s newest protein is rooted in the region known as the Levant, where bold spices and spit roasting flavor the cuisine.

The fast-casual chain's same-store sales were up 2.1%, with traffic flat, but that's the lowest increase since Cava went public in 2023. Tough comparisons with the launch of steak last year were partly to blame.

Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say will make life easier for their workers.

Corporate transparency reports on managing people, food and the planet are facing new pressures. For Cava, this first report is designed to codify values embedded in the brand's DNA.

Bucking first-quarter trends, the fast-casual chain reported same-store sales up 10.8%, including a 7.5% increase in traffic.

The fast-casual chain is one of the last to report first-quarter results on Thursday. This traffic-tracking research firm says visits were up 20%.

Hot Harissa Pita Chips follow the wildly successful launch of Garlic Ranch chips last fall, as the Mediterranean fast casual expands its menu into North African flavor territory.

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