Cava Cuts Sales Outlook as Fast Casual Customers Pull Back

Core Viewpoint - Cava Group has revised its full-year sales growth targets downward due to stagnant foot traffic in Q3, reflecting a trend of consumers cutting back on fast casual dining amid financial pressures [1] Company Summary - Cava CFO Tricia Tolivar indicated that despite the financial strain on consumers, the chain is becoming more accessible to lower-income customers, which has led to an increase in sales in that demographic [1] - The discussion on Bloomberg Businessweek Daily highlighted the company's growth strategy in the context of ongoing macroeconomic uncertainty [1]