On Aug. 13, CAVA's (CAVA) stock was hit hard, tumbling nearly 16.6% after the Mediterranean fast-casual chain delivered its fiscal 2025 second-quarter results, which left investors unsettled. The company did beat profit expectations, yet Wall Street’s attention quickly shifted to signs of slowing demand and a trimmed profitability outlook.
CFO Tricia Tolivar noted that the quarter began with strong same-store sales growth, which had prompted management to reaffirm its prior outlook when reporting first-quarter results. But the pace changed once the chain marked the one-year anniversary of its grilled steak launch.
