The restaurant's cutting its fullear forecast for same store sales growth, citing a slowdown in younger diners. Our Kate Rogers has a closer look at that and the rest of the restaurant space. Kate, how indicative of Cava is it for the rest of the industry. >> I mean, it is tough out there right now for the restaurants.So, as you said, Cava reporting EPS and revenues right in line, but it did miss on those same store sales estimates. They were up 1.9% lower than the street was looking for. The company also c ...

Core Insights - Cava is facing challenges similar to those affecting the broader restaurant industry, missing analyst estimates for revenue and earnings in its third-quarter results and lowering its outlook for 2025 [1][6] Financial Performance - Revenue increased by 20%, primarily due to the opening of 17 new locations, resulting in a 17.9% year-over-year increase in store count; however, same-restaurant sales only grew by 1.9%, and restaurant-level profit growth lagged behind total revenue [2] - For 2025, Cava revised its same-restaurant sales growth forecast to 3% to 4%, down from the previous estimate of 4% to 6% [2] Stock Performance - Cava's stock has been declining, losing about 66% of its value since its peak at the end of 2024, with further declines expected following the disappointing earnings report [3] Market Position and Competition - Cava operated 415 restaurants at the end of the third quarter, while Chipotle plans to open 345 new locations this year, highlighting the competitive landscape; Cava aims to open up to 70 new locations this year [3] - The fast-casual dining segment, which Cava is part of, may be losing consumer interest, with signs of "slop bowl" fatigue and a shift towards casual dining chains as prices rise [4] Industry Challenges - Other fast-casual chains, including Chipotle and Sweetgreen, are also experiencing difficulties, with Chipotle's comparable sales barely positive and Sweetgreen reporting a 7.6% decline in same-store sales [5]

Core Insights - The fast-casual segment is facing challenges, particularly highlighted by Chipotle's struggles and CAVA's recent performance, which includes a same-store sales increase of only 1.9% in Q3 and revenue growth of 20%, both below Wall Street expectations [1][2] Company Performance - CAVA's CEO Brett Schulman noted significant market share gains since 2019, attributed to underpricing competitors by nearly 10% [2] - The Mediterranean concept has shown substantial growth, with Q3 2025 revenue up nearly 70% compared to the same period two years prior [2] - The launch of Chicken Shawarma in September met expectations, and the company is testing salmon, which has shown encouraging results [3] Membership and Technology Initiatives - CAVA has seen a 36% growth in its rewards program membership since its relaunch a year ago, with new tiered status levels recently introduced [3] - The company is implementing a new kitchen display system in at least 350 restaurants by year-end, which has improved guest scores through better accuracy and communication [4] - All CAVA restaurants are now equipped with TurboChef ovens, enhancing cooking consistency and speed, and supporting menu innovation [4] Sales Trends and Outlook - Sales have begun to moderate as Q3 progressed, influenced by broader macroeconomic pressures, particularly among younger consumers [5] - CAVA revised its full-year outlook for same-store sales to a 3% to 4% increase, down from a previous forecast of 4% to 6% [6] - Expected restaurant-level profit margins have also been adjusted to a range of 24.4% to 24.8%, down from 24.8% to 25.2% [6]

Joining me now to discuss is First Watched CEO Chris Tomaso. Thank you so much for being here, Chris. I mean, really interesting report here.Obviously, you're seeing same store sales growth, but it's not without some other pressures on the business, other cost pressures. Can you talk through what you saw, I guess, first of all, on the front end when it comes to diners, how many diners are coming in um and and what they're actually buying, if they're shying away from any price increases you've had to do beca ...

There were no spooky plot twists on Wall Street this week. Big Tech earnings, trade deal developments, and a Fed meeting all took turns dominating the headlines leading up to Halloween. Choppiness and volatility still managed to rear their ugly heads, however. Just when mid-week records were nabbed, AI valuation concerns triggered profit-taking, only for a different batch of large cap tech earnings to stabilize sentiment. With October in the rear view, all three major indexes picked up weekly and monthly wi ...

So, what does it mean for the market going forward. Let's ask New Edge Wealth's Cameron Dawson and Palumbo Wealth Management's Phil Palumbo, both here at Post 9. Welcome to you both.Um, it's interesting, Cameron, because like two and a half weeks ago, the market had a little bit of a panic on a perceived reescalation of trade tensions. We got sort of a status quo type of a truce. Um, market seems to have moved on to are earnings good enough.Um, what does positioning look like. and did we get too overexposed ...

Younger diners seem to be losing their appetite for fast-casual favorites like Chipotle and Shake Shack as they grapple with unemployment and slower wage growth https://t.co/TeQ4KDmE1g ...

Chipotle Stock Tanks 15% After Chain Lowers Sales Forecast Againhttps://t.co/aj5Ryp8pxQ https://t.co/vZMFPXCyPP ...

Starbucks' Performance - Starbucks 第四季度净收入增长 96% 达到 96 亿美元，超过分析师预期 [2] - 全球同店销售额近两年来首次实现正增长 [2] - 调整后每股收益为 52 美分，低于预期 [3] - 北美交易额同比下降约 1%，好于市场预期 [4] - 国际交易额增长 6%，表现强劲 [5] - 中国同店销售额增长 2%，略低于预期的 22% [9][10] Chipotle's Performance - Chipotle 第三季度收入为 30 亿美元，低于分析师预期 [14] - 调整后每股收益为 29 美分，符合预期 [14] - 可比交易额下降约 1% [15] - 公司下调了全年预测，预计全年销售额将同比下降低个位数 [20] Microsoft's Performance - Microsoft 第一季度业绩超出华尔街预期 [25] - Azure 调整货币后的收入增长 39%，超过分析师预期的 37% [29] - 第一季度资本支出（包括租赁）为 349 亿美元，高于上一季度的 240 亿美元 [27] - Microsoft 将拥有 OpenAI 约 27% 的股份，价值约 1350 亿美元 [34] ETF Market Trends - ETF 市场正在经历快速增长，但共同基金仍然占据主导地位 [37] - SEC 可能会批准双重份额类别，允许投资者在共同基金和 ETF 之间无缝转移，且不产生税务影响 [37][38] - 预计 ETF 的数量和资产管理规模可能会翻倍 [43] - ETF 通常具有更低的成本、更高的流动性、透明度和税收效率 [44][45]

[Music] Hey, John. The stock kind of bouncing around a bit in the after hours here. Now it's higher by more than 3%.Its third quarter results essentially uh in line for Chipotle. The company lowering though its fullear same store sales guidance. Now for the third quarter in a row, it now expects low singledigit decline versus a prior forecast of flat.Now that's despite its EPS coming in right in line at 29 cents. Revenue is also in line at 3 billion for the quarter. Same store sales also up 0.3%.Its average ...