Cava Reports Strong Quarterly Earnings Despite Traffic Decline
Tuesday, 28 May 2024, 21:02
Cava Reports Strong Quarterly Earnings
Cava recently announced robust earnings for the quarter, beating expectations. However, the company continues to face challenges due to a decline in foot traffic at its locations.
The positive financial results were overshadowed by the ongoing struggle to attract customers amid changing consumer behavior.
- Despite the earnings beat, the sustained drop in footfall poses a significant hurdle for Cava.
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