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2 Restaurant Stocks Struggling After Chipotle's Dismal Results
Schaeffers Investment Research· 2025-10-31 03:21
The shares of fast-casual restaurant chains CAVA Group Inc (NYSE:CAVA) and Darden Restaurants Inc (NYSE:DRI) are both moving lower today, after sector peer Chipotle Mexican Grill (CMG) reported dismal top-line quarterly results and slashed its full-year revenue forecast. The company warned of consumers cutting back on dining amid economy concerns and high inflation, sending ripples through the industry.CAVA is down 10% to trade at $54.42 at last glance, pacing for its seventh-straight loss and worst day sin ...