Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown
1. Cava shares dropped 16% due to disappointing quarterly sales figures. 2. Same-store sales growth of 2.1% missed Wall Street projections of 6.1%. 3. Consumer sentiment declined significantly, affecting overall dining industry. 4. Fast-casual chains are facing cautious consumers amid economic uncertainty. 5. Cava executives noted improving same-store sales as sentiment begins to recover.