CAVA Feels The Pinch As Gen Z Spends Less
1. CAVA missed Q3 earnings expectations on both revenue and profit. 2. Analysts indicated weak spending from Gen Z affects CAVA's sales. 3. Price targets for CAVA were lowered significantly by multiple analysts. 4. CAVA's stock fell 2.67% to $50.32 following the earnings report. 5. Weakness is expected to continue at least until Q1 2026.