Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more - MarketWatch
1. Cava's same-store sales forecast is 6% to 8%, below 8.7% expected. 2. Fourth-quarter sales rose 28.3% year-over-year, surpassing analyst expectations. 3. Cava's stock bounced back after an initial drop, closing up 1.7%. 4. Consumer spending at Cava is strong despite market challenges and pricing pressures. 5. Cava is gaining traffic from lower-income consumers more than wealthier ones.