By Heather Haddon
Cava CEO Brett Schulman is taking a stand in defense of the bowl.
Cava and other restaurant chains like Sweetgreen and Chipotle had a tough 2025. Traffic slowed, and some consumers complained of bowl fatigue and high menu prices. Cava's shares have fallen around 35% in the past 12 months.
Schulman in an interview Tuesday dismissed talk of a bowl decline. Customers don't pigeonhole food by what it's served in, he said: "They want food. They want a great meal."
Cava is sticking by its bowls, Schulman said, despite competitors pivoting to plates and wraps. Sweetgreen on Tuesday introduced wraps, a move it said would move the chain "beyond the bowl."
The Mediterranean chain reported fourth-quarter sales growth ahead of what analysts anticipated, and earnings per share in line with projections. The company released same-store sales guidance for this year ahead of some analysts' expectations. Cava shares rose 7% in afterhours trading.
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(END) Dow Jones Newswires
February 24, 2026 16:52 ET (21:52 GMT)
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