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

Hyphen, a foodservice platform that automates culinary operations—including meal production at assembly stations—has raised ...

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 ...

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

The Mediterranean fast casual restaurant reported same-restaurant sales growth of 2.1%, well below analysts’ expectations of ...

Hyphen, the company behind Chipotle’s automated make line prototype, has landed a $10 million investment from CAVA. The ...

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

Alternative asset manager Proterra acquires farmland manager AcreTrader, while ex-eFishery CEO is detained over alleged ...

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.

Chipotle says that restaurants across the U.S., Canada and Europe are expected to use nearly 5.18 million cases of avocados, equivalent to 129.5 million pounds of fruit, this year.