Here's your summary from CAVA Group CEO on Earnings, Traffic, Prices, Dinner Expansion (https://www.youtube.com/watch?v=FUckojQr5rE) on the Bloomberg Television channel:

**TLDR:** CAVA Group CEO discusses traffic decline, attracting new customers, and expansion into dinner offerings.

1. CAVA Group saw a decline in foot traffic in Q1 but had strong same restaurant sales growth over two years.

2. The company is attracting new customers by offering Mediterranean cuisine as a value proposition amidst rising fast food prices.

3. CAVA is expanding its dinner offerings with initiatives like Project Salt and launching new menu items to cater to the dinner occasion.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

Reply to this note

Please Login to reply.

Discussion

No replies yet.