Investors are having mixed feelings about restaurant stocks.
Transcript:
Investors are having mixed feelings about restaurant stocks today – Brinker, the parent company of Chili’s, is soaring, while Cava is taking a hit.
The fast casual chain CUT its full-year forecast for same-store sales growth following a mixed second quarter. The chain still expects GROWTH at restaurants open at least a year, but now only 4 to 6%, down from the prior 6 to 8% projection.
In the second quarter, Cava managed a 2.1% increase in same-store sales, bucking a trend of declines at competitors like Chipotle — but investors aren’t impressed.
Brinker saw growth on that front too. Comparable restaurant sales increased more than 21%, including a nearly 24-percent increase for Chili’s. Earnings and revenue also topped expectations and Brinker offered an upbeat 2026 forecast.
So at least as far as investors are concerned today, Chili’s Triple Dippers are in, and Cava’s build-your-own bowls are out.
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