Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of ...

The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...

Fast-casual rivals Chipotle Mexican Grill and Cava Group have taken an unusual step for direct competitors by joining forces to back the same technology startup. Their shared partner is Hyphen, a San ...

Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year sales forecast, and news of a fresh investment in food automation technology ...

Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...

Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...

Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.

Hyphen, the company behind Chipotle’s automated make line prototype, has landed a $10 million investment from CAVA.  The funding is structured with an initial $5 million contribution and an additional ...

As automation gains momentum in the food service industry, Mediterranean restaurant chain Cava—known for fan favorites like ...

Hyphen should arrive in late August or early September. Chipotle opened 52 company-run units in Q2, including 46 with the order-ahead pickup “Chipotlane,” as well as an international licensed ...

Chipotle posted a restaurant-level operating margin of 25.5% last quarter, down from 26.3% a year ago. Overall, Chipotle posted a mixed third quarter print after a string of winning quarters.