News Brief: English
Summary
Cava, the Mediterranean fast-casual chain, has lowered its full-year sales forecast for the second consecutive quarter, citing reduced visits from younger consumers (ages 25-34). This trend mirrors a similar report from rival Chipotle. Cava’s Q3 same-store sales growth and traffic were weak, and the company also cut its profit margin outlook.
Key Points
- Reduced Forecast: Cava cut its 2025 same-store sales growth forecast to 3%-4% from 4%-6%.
- Younger Diners: Consumers aged 25-34 are visiting less frequently, attributed to higher unemployment and student loan repayments.
- Q3 Performance: Same-store sales grew 1.9% (below estimates), and customer traffic was flat compared to last year.
- Financials: Revenue was $292.2M, nearly matching expectations. Earnings per share were 12 cents, in line with forecasts.
- Profit & Stock: Restaurant-level profit margin forecast was lowered. The stock fell 5% after hours and is down 54% for the year.
- Market Position: Despite slower growth, Cava is gaining market share, suggesting younger consumers are eating at home rather than switching to fast food.
- Low-Income Consumers: Unlike the industry trend, Cava is seeing stronger sales growth from low-income consumers, crediting its relatively affordable menu.
新闻简报：中文
总结
地中海风格休闲快餐连锁店Cava连续第二个季度下调了其全年销售预期，主要原因是年轻消费者（25-34岁）到店频率降低。这一趋势与竞争对手Chipotle的报告相似。Cava第三季度的同店销售额增长和客流量表现疲软，公司同时还下调了利润率展望。
关键点
- 下调预期：Cava将其2025年同店销售额增长预期从4%-6%下调至3%-4%。
- 年轻食客：25至34岁的消费者到店频率降低，归因于该群体更高的失业率和学生贷款偿还压力。
- 第三季度表现：同店销售额增长1.9%（低于预期），客流量与去年同期持平。
- 财务状况：营收为2.922亿美元，基本符合预期。每股收益为12美分，符合预测。
- 利润与股价：餐厅层面利润率预期被下调。盘后股价下跌5%，今年迄今已暴跌54%。
- 市场地位：尽管增长放缓，Cava仍在夺取市场份额，这表明年轻消费者可能转向在家做饭或自带午餐，而非降级消费快餐。
- 低收入消费者：与行业趋势不同，Cava在低收入消费者中看到了更强的销售增长，这得益于其菜单价格保持相对低廉。
Original Article Link: https://www.cnbc.com/2025/11/04/cava-cava-q3-2025-earnings.html