CAVA Has A K-Shaped-Economy Problem

Group 1 - Restaurant stocks have experienced a decline over the past five months due to weakening spending trends among low- and moderate-income consumers [1] - In contrast, the high-end segment of the restaurant industry is performing well, supported by strong wage growth and robust card-spending trends [1] - The current economic environment is characterized as a "K-shaped" recovery, indicating divergent performance across different income levels [1]