Restaurant Chain Cava Says It's Holding the Line on Prices -- WSJ

Dow Jones04:22

By Heather Haddon

Cava thinks the key to keeping customers coming is an $11.67 grilled chicken bowl.

Holding prices steady and affordable on popular menu items is helping the Mediterranean chain gain traffic, even if it means taking a hit on margins as costs rise, CEO Brett Schulman said in an interview. "We have to keep our heads down on building a great business that delivers a great value proposition to our guests."

Cava on Tuesday reported a 9.7% same-store sales increase in its first quarter, with customer traffic jumping 6.8%. Schulman said more lower-income consumers and young people are coming this year, reversing a decline among some of those customers last year.

The chain beat analysts' estimates for its first quarter, and boosted sales and profit expectations for its fiscal year. Shares jumped roughly 6% in after-hours trading.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 19, 2026 16:22 ET (20:22 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2636864945?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-20 04:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636864945","market":"nz","top_or_hot":-1,"title":"Restaurant Chain Cava Says It's Holding the Line on Prices -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Heather Haddon \n</p>\n<p>\n     Cava thinks the key to keeping customers coming is an $11.67 grilled chicken bowl. \n</p>\n<p>\n     Holding prices steady and affordable on popular menu items is helping the Mediterranean chain gain traffic, even if it means taking a hit on margins as costs rise, CEO Brett Schulman said in an interview. \"We have to keep our heads down on building a great business that delivers a great value proposition to our guests.\" \n</p>\n<p>\n     Cava on Tuesday reported a 9.7% same-store sales increase in its first quarter, with customer traffic jumping 6.8%. Schulman said more lower-income consumers and young people are coming this year, reversing a decline among some of those customers last year. \n</p>\n<p>\n     The chain beat analysts' estimates for its first quarter, and boosted sales and profit expectations for its fiscal year. Shares jumped roughly 6% in after-hours trading. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 19, 2026 16:22 ET (20:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Restaurant Chain Cava Says It's Holding the Line on Prices -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRestaurant Chain Cava Says It's Holding the Line on Prices -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-20 04:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Heather Haddon \n</p>\n<p>\n     Cava thinks the key to keeping customers coming is an $11.67 grilled chicken bowl. \n</p>\n<p>\n     Holding prices steady and affordable on popular menu items is helping the Mediterranean chain gain traffic, even if it means taking a hit on margins as costs rise, CEO Brett Schulman said in an interview. \"We have to keep our heads down on building a great business that delivers a great value proposition to our guests.\" \n</p>\n<p>\n     Cava on Tuesday reported a 9.7% same-store sales increase in its first quarter, with customer traffic jumping 6.8%. Schulman said more lower-income consumers and young people are coming this year, reversing a decline among some of those customers last year. \n</p>\n<p>\n     The chain beat analysts' estimates for its first quarter, and boosted sales and profit expectations for its fiscal year. Shares jumped roughly 6% in after-hours trading. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 19, 2026 16:22 ET (20:22 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAVA","symbol_name":"CAVA Group Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2636864945","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636864945","pubTimestamp":1779222120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Cava thinks the key to keeping customers coming is an $11.67 grilled chicken bowl.Holding prices steady and affordable on popular menu items is helping the Mediterranean chain gain traffic, even if it means taking a hit on margins as costs rise, CEO Brett Schulman said in an interview. \"We have to keep our heads down on building a great business that delivers a great value proposition to our guests.\". Cava on Tuesday reported a 9.7% same-store sales increase in its first quarter, with customer traffic jumping 6.8%. Schulman said more lower-income consumers and young people are coming this year, reversing a decline among some of those customers last year.The chain beat analysts' estimates for its first quarter, and boosted sales and profit expectations for its fiscal year. Shares jumped roughly 6% in after-hours trading.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAVA":"CAVA Group Inc.","QSR":"餐饮品牌国际","BK4209":"餐馆","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"连锁餐厅Cava表示将控制价格——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAVA":0.9,"QSR":1.5},"content_text":"By Heather Haddon \n\n\n     Cava thinks the key to keeping customers coming is an $11.67 grilled chicken bowl. \n\n\n     Holding prices steady and affordable on popular menu items is helping the Mediterranean chain gain traffic, even if it means taking a hit on margins as costs rise, CEO Brett Schulman said in an interview. \"We have to keep our heads down on building a great business that delivers a great value proposition to our guests.\" \n\n\n     Cava on Tuesday reported a 9.7% same-store sales increase in its first quarter, with customer traffic jumping 6.8%. Schulman said more lower-income consumers and young people are coming this year, reversing a decline among some of those customers last year. \n\n\n     The chain beat analysts' estimates for its first quarter, and boosted sales and profit expectations for its fiscal year. Shares jumped roughly 6% in after-hours trading. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  May 19, 2026 16:22 ET (20:22 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2636864945","isCrawlerRequest":true}