Cava news and trends

Cava Takes on Restaurant Industry Giants With Competitive Digital Infrastructure 
ResTech // August 16, 2023

Fast-casual restaurant Cava may still be a relatively small chain compared to industry giants, but with its investments into the digital space, the brand is looking to take on the largest players in the sector.  On a call accompanying its first second quarter FY2023 earnings...

IPO Market Struggles as It Enters ‘Rebuilding Mode’
IPO // July 02, 2023

Initial public offerings (IPOs) might be back, but they’re not all the way back. As The Wall Street Journal (WSJ) reported Sunday (July 2), last week saw a trio of companies — thrift store chain Savers Value Village, reinsurer Fidelis and Kodiak Gas Services — all...

Cava Listing Heralds Potential IPO Market Rebound
IPO // June 26, 2023

Following a listing by restaurant group Cava, the American market is hungry for IPOs. The fast casual restaurant chain went public via an initial public offering (IPO) last week, with its shares nearly doubling in its debut. And as Bloomberg News reported Monday (June 26),...

Gen Z-ers 150% More Likely Than Millennials to Leave Negative Restaurant Reviews
Consumer Insights // June 22, 2023

Younger consumers tend to be especially harsh on restaurants, PYMNTS research reveals, and given that they are also frequent reviewers, eateries must work hard to get in Gen Z’s good graces. By the Numbers The latest edition of PYMNTS’ exclusive Connected Dining report, “Connected Dining:...

Interviews & Exclusives
Gen Z-ers 150% More Likely Than Millennials to Leave Negative Restaurant Reviews

June 22, 2023
Younger consumers tend to be especially harsh on restaurants, PYMNTS research reveals, and given that they are also frequent reviewers, eateries must work hard to get in Gen Z’s good graces. By the Numbers The latest edition of PYMNTS’ exclusive Connected Dining report, “Connected Dining: Word of Mouth in the Digital Age,” which draws from […]

Quick Reads
IPO Market Struggles as It Enters ‘Rebuilding Mode’

July 02, 2023
Initial public offerings (IPOs) might be back, but they’re not all the way back. As The Wall Street Journal (WSJ) reported Sunday (July 2), last week saw a trio of companies — thrift store chain Savers Value Village, reinsurer Fidelis and Kodiak Gas Services — all go public, with the latter two pricing their offerings under […]

Cava Listing Heralds Potential IPO Market Rebound

June 26, 2023
Following a listing by restaurant group Cava, the American market is hungry for IPOs. The fast casual restaurant chain went public via an initial public offering (IPO) last week, with...

Cava Prepares IPO Roadshow Amid Fast-Casual Recovery

June 04, 2023
Fast casual eatery Cava is reportedly set to begin promoting its initial public offering (IPO). Executives from the Mediterranean-themed restaurant chain plan to begin a roadshow to attract investors as soon as...