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The Latest Breaking News from Brett Schulman

McDonald’s and Cava earnings have one thing in common: The K-shaped economy has a vise grip on the lunchtime crowd

The restaurant chain CEOs noted that while young, lower-income consumers are pulling back, high-income earners are still hungry to spend.

Cava Invests In Chipotle-Backed Hyphen While Investors React To Slower Growth

Cava Invests In Chipotle-Backed Hyphen While Investors React To Slower Growth

Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year sales forecast, and news of a fresh investment in food automation technology.

CAVA Operating In 'Fluid' Macro Environment Creating 'Fog For Consumers,' Says CFO — But No Pullback Yet

CAVA Operating In 'Fluid' Macro Environment Creating 'Fog For Consumers,' Says CFO — But No Pullback Yet

Mediterranean restaurant chain, Cava Group Inc. (NYSE:CAVA), is closely observing the behavior of its customers, as uncertainties continue to fog the near-term.

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Cava—the 'Mediterranean Chipotle'—is one of Wall Street's hottest stocks. Here's why

Cava is leading 2024's fast-casual boom, with the stock dramatically outperforming the market along with salad chain Sweetgreen.

Each Cava location is worth a whopping $33 million. Its CEO explains how the Chipotle competitor is achieving explosive growth

Brett Schulman says the chain’s 300% stock growth is not just due to its crazy feta.

What Cava's CEO learned about merging cultures after 'painful' acquisition

Cava CEO Brett Schulman says the fast-casual restaurant's acquisition of Zoe's Kitchen underscored the importance of a strong culture.

Cava CEO Brett Schulman talks second-quarter earnings beat

Cava is a Wall Street favorite after going public with one the hottest IPOs of 2023 as some competitors deal with sluggish sales.

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Olive Garden owner's CEO says fast food is so expensive you might as well have a sit-down meal

Olive Garden owner's CEO says fast food is so expensive you might as well have a sit-down meal

McDonald’s and Wendy’s have vexed budget-conscious consumers, and chains like Chili’s and Olive Garden are ready to take advantage.

Cava is gobbling up fast-food competition as it lures finance bros and suburbanites with extra pita chips, steak, and promises of no price hikes

Cava is gobbling up fast-food competition as it lures finance bros and suburbanites with extra pita chips, steak, and promises of no price hikes

The Mediterranean fast-casual chain saw an over 30% jump in year-over-year revenue and has plans to open at least 50 more locations this year.

The Term Sheet monthly wrap: Biggest deals, funding rounds, and top stories for June 2023

The Term Sheet monthly wrap: Biggest deals, funding rounds, and top stories for June 2023

A precarious dealmaking environment, A.I. deal count is down, and June’s most noteworthy VC deals.

Cava’s blockbuster IPO has an unlikely winner: The former CEO of Panera whose stake is now worth about $535 million

Cava’s blockbuster IPO has an unlikely winner: The former CEO of Panera whose stake is now worth about $535 million

Cava’s executive team—including the CEO, CFO, and chief concept officer—also have stakes now worth millions.

Bessemer’s list of the top 100 ‘deep tech’ companies commercializing scientific research

Bessemer’s list of the top 100 ‘deep tech’ companies commercializing scientific research

The Mediterranean restaurant firm goes public today even as the company remains unprofitable.

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