Financing
'Everyday value' lifts Cava's sales and sends its stock soaring
The fast-casual chain's same-store sales rose more than investors expected, which the company said was due to its value positioning. The stock soared more than 10%.
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.