Operations
Cava swings to profit just in time for first earnings report as public company
After its June IPO, the fast-casual chain came out of the gate strong, with second-quarter traffic up more than 10%.
Financing
Restaurant sales clearly decelerated last quarter
The Bottom Line: Earnings reports this period suggest a substantial slowdown in same-store sales among large chains in the second quarter. Are prices to blame? Or is it normalization?