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☆ Here are Friday's biggest analyst calls: Nvidia, Zoom, Expedia, Analog Devices, Cava, Roblox, Dick's & more
▼ + stars: | 2023-11-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Roth MKM downgrades ChargePoint to neutral from buy Roth said it's concerned about weak demand for charging equipment. UBS upgrades Pacific Biosciences to buy from neutral UBS said the biotech company has growth potential. Citi reiterates Microsoft as buy Citi said it's standing by its buy rating on the stock. Morgan Stanley upgrades Analog Devices to overweight from equal weight Morgan Stanley said the bottom is in sight for the semiconductor company. Truist initiates Dick's as buy Truist said in its initiation of the stock that it sees an attractive buying opportunity. "

Persons: Evercore, Roth, it's, CHPT, Wolfe, underperform Wolfe, RBLX, GitLab, Hubbell, Morgan Stanley, Carvana, Raymond James, Cava, Redburn, Piper Sandler, Piper, buybacks, Baird, Truist, Lululemon, Kimberly, Clark Organizations: EV, UBS, Pacific Biosciences, Citi, Microsoft, Barclays, JPMorgan, HSBC, UW, downgrades, Products, Nvidia, Coherus BioSciences, Goods, Zim Locations: ChargePoint, billings, 2Q24

☆ The IPO market has grown quiet again. Here's what is behind the shift in sentiment
▼ + stars: | 2023-11-09 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

"That was a big wet blanket" for the IPO market, Greg Martin from Rainmaker Securities told me. Buy now, pay later firm Klarna, another oft-mentioned IPO candidate, told CNBC it has no immediate plans to go public. This is in stark contrast to most years, when big IPOs went public in November and December. A month earlier, in November 2020, Sotera Health raised $1.1 billion, and Miravai Life Sciences raised $1.6 billion. By contrast, a normal year should see at least $50 billion raised.

Persons: Don Short, Matt Kennedy, Greg Martin, IPOs, Klarna, Rivian, Hertz, Braze, Sweetgreen, Allbirds, Airbnb, Doordash, it's fizzling, Instacart, Kennedy, Homebuilder Smith Douglas, Morgan Stanley, there's Organizations: New York Stock Exchange, NYSE, Renaissance Capital, Rainmaker Securities, Wall Street Journal, CNBC, Bloomberg, Sciences, Renaissance, That's, IPOs, Healthcare Locations: Cava, U.S

☆ The best and worst restaurant chain apps, from Starbucks to McDonald's
▼ + stars: | 2023-11-06 | by ( Nancy Luna | ) www.businessinsider.com time to read: +11 min

We can order food, earn rewards, and find unique online-only offers. McDonald'sAfter lagging behind rivals for years, the chain's app now has over 57 million active members. That feature has been around since Dunkin's mobile app first launched in August 2012. The chain first began testing mobile ordering in a handful of markets in 2009 before going national in 2011. For example, the Chipotle app gives you uber-specific portion size choices such as "normal," "extra" or "light' servings.

Persons: —, Taco Bell, Dunkin, Taco, Brian Niccol, it's, Wendy's, Burger King, Domino's, They've, I'm, Joe, Chipotle Organizations: Starbucks, Service, Subway Subway, Subway, Restaurant, Taco Bell, Burger, Chipotle Locations: Cava, Burger

☆ These 4 stocks report quarterly results next week. Here's what we hope to see
▼ + stars: | 2023-11-04 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho

☆ Hold off on buying CAVA until the lockup on insider selling ends, says Jim Cramer
▼ + stars: | 2023-11-01 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Hold off on buying CAVA until the lockup on insider selling ends, says Jim Cramer'Mad Money' host Jim Cramer takes a closer look at Cava to see if its a buy ahead of earnings.

Persons: Jim Cramer Locations: CAVA, Cava

☆ I ate at Cava and Chipotle, and I can see why Gen Z has crowned a new fast-casual king
▼ + stars: | 2023-10-31 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Cava is billed as the Mediterranean version of Chipotle, and is stealing the burrito chain's fans. Gen Z loves Cava for its bold flavors while some Chipotle fans have grown tired of the fresh-Mex brand. We tried both Chipotle and Cava to see whose food is best. Newcomer Cava, a Mediterranean fast-casual concept, is now turning heads and stealing the hearts of Gen X diners. Cava, billed as a Mediterranean version of Chipotle, went public in June and is red hot.

Persons: Gen Z, —, Chipotle, Cava, I've, doesn't, Chipotle's Organizations: Service Locations: Cava, Canada, France, Germany, Chipotle, Orange County , California

☆ Panera Bread founder says he thought it would be easier to be 'hit by a truck' during the chain's stressful 2015 overhaul
▼ + stars: | 2023-10-29 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Panera founder Ron Shaich spoke about tough moments he faced as a leader in a recent interview. There was so much pressure he thought it would be easier to "get hit by a truck." But the company's overhaul in 2015 was one the most stressful periods of his tenure, Shaich said in a recent interview with The Profile. And he said he remembers thinking to himself, "My god, it'd be just easier if I got hit by a truck." Shaich, who founded Panera Bread in 1987 and took the company public in 1991, stepped down as the company's CEO in 2018 .

Persons: Ron Shaich, Shaich, —, it'd, He's, Tatte Organizations: Service Locations: America, Boston, Manchester, Cava

☆ Panera Bread founder Ron Shaich says most CEOs end up regretting taking companies public
▼ + stars: | 2023-10-24 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Panera Bread founder Ron Shaich led a public company for more than two decades, but that doesn't mean he's a fan of initial public offerings or Wall Street. Ironically, Panera Bread is mulling an IPO, but Shaich, who is no longer involved with the chain, directs his advice toward founders. Even as Au Bon Pain bought St. Louis Bread Company, renamed it Panera Bread and then shed Au Bon Pain to focus on Panera's growth, Shaich's company was publicly traded. "The reality is for 90% of the CEOs that take a company public, they live to regret it," Shaich told CNBC. "Cava is a company that will succeed as a public company.

Persons: Ron Shaich, Shaich, Cookie, Bon Pain, Louis, Cava, Brett Schulman, Sweetgreen hasn't, Panera, Danny Meyer's Organizations: III Holdings, Louis Bread Company, CNBC, Wall Street Locations: Cava

☆ I tried Sweetgreen's new meals, and the chicken dinners blow the chain's salads out of the water
▼ + stars: | 2023-10-24 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Insider was invited to the chain's test kitchen in Los Angeles to try the new dishes. AdvertisementAdvertisementWhen I reviewed Sweetgreen and Cava last month, I found the most superb thing on the Sweetgreen menu was not a salad. They've tested a few of these protein-packed meals over the years. But, the hot honey chicken has been the only core item on the plates menu for the past few years. Besides the new meals, we also tried a third grain the chain is adding to the menu and new toppings such as crispy onions.

Persons: —, Sweetgreen, Nicolas Jammet, Chad Brauze Organizations: Service Locations: Chipotle, Los Angeles, Cava, Angeles

☆ Cava could be the next Chipotle. I've tried both chains and the battle is close.
▼ + stars: | 2023-10-19 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Cava is billed as the Mediterranean version of Chipotle, and is stealing the burrito chain's fans. Gen Z loves Cava for its bold flavors while some Chipotle fans have grown tired of the fresh-Mex brand. We tried both Chipotle and Cava to see whose food is best. Cava, billed as a Mediterranean version of Chipotle, went public in June and is red hot. So, I set out to compare Cava and Chipotle in a head-to-head battle.

Persons: Gen Z, —, Chipotle, Cava, I've, doesn't, Chipotle's Organizations: Service Locations: Cava, Canada, France, Germany, Chipotle, Orange County , California

☆ This fast-casual food chain is a buy after a recent sell-off, Morgan Stanley says
▼ + stars: | 2023-10-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Cava has strong growth potential, and Morgan Stanley thinks investors need to capitalize on it. The bank upgraded shares of the fast-casual chain to overweight from equal weight. It decreased its price target to $41 from $45, but the updated forecast still implies upside of nearly 28%. Harbour pointed to Cava's strong fundamentals as a catalyst, specifically the restaurant chain's "best-in-class" store margins that still have upside potential. The analyst also highlighted Cava's strong self-funded net unit growth — which has a 15% target — and expects growth in both traffic and sales to continue this year.

Persons: Cava, Morgan Stanley, Brian Harbour, — CNBC's Michael Bloom Locations: Cava, CAVA

☆ Here are Wednesday's biggest analyst calls: Nvidia, Boeing, SoFi, Netflix, Apple, Cava, Walmart and more
▼ + stars: | 2023-10-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street on Wednesday: Goldman Sachs upgrades Shoals to buy from neutral Goldman Sachs said the solar company is very attractive. Morgan Stanley upgrades Cava to overweight from neutral Morgan Stanley said it's gaining confidence in the restaurant chain. JPMorgan upgrades CSX to overweight from neutral JPMorgan said rail concerns have already played out. JPMorgan upgrades Iris Energy to overweight from neutral JPMorgan said the bitcoin mining company is "best-in-class." JPMorgan initiates CleanSpark as overweight JPMorgan said the bitcoin miner offers "relative value."

Persons: Goldman Sachs, Wells, Wells Fargo, TD Cowen, Cowen, Stephens, Raymond James, it's bullish, Morgan Stanley, Cava, it's, UBS downgrades Morgan Stanley, Oppenheimer, Needham, Robinhood, MAUs, Truist, Piper Sandler, JPMorgan, Mizuho, SoFi, SOFI, Leerink, Apple Organizations: Netflix, JPMorgan, CSX, Nvidia, Iris Energy, Energy, UBS, Boeing, Oppenheimer downgrades Texas, Texas, Qs, Logistics, Amazon, Arista Networks, Barclays, Ball Corporation, Apple, Walmart, Deutsche Bank, Cboe Locations: CAVA, OW, U.S, China, ANET, SoFi

☆ I tried the salads and savory bowls at Sweetgreen and Cava. Both chains are Gen Z favorites — but there's a clear winner.
▼ + stars: | 2023-09-28 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Cava, billed as a Mediterranean version of Chipotle, went public in June. AdvertisementAdvertisementNewly minted Wall Street darling Cava is a fast-casual chain that sells grain bowls and pitas in an assembly-style format. Rival Sweetgreen, whose shares have plummeted since the company went public in 2021, sells premium salads and warm bowls. It's about two miles from a Cava restaurant in Orange County, the home base of top fast-food brands such as Chipotle and Taco Bell. So, I decided to try the two chains to see why they have such a devoted following among Gen Y and Gen Z consumers.

Persons: —, Sweetgreen, Taco, I've, Gen Y Organizations: Service, Taco Bell, Tender Greens Locations: Los Angeles, Naperville , Illinois, Cava, Tustin , California, Orange County, Base

☆ The 'Great IPO Reopening' may be on hold: rising rates and weaker stocks are a killer
▼ + stars: | 2023-09-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The Great IPO Reopening may be on hold: rising rates and lower stocks are an IPO killer. Instacart on Thursday broke below its initial price of $30 before closing at $30.65. Arm Holdings yesterday broke below its initial price of $51 before closing at $52. It's now at $30, still above its initial price the victim of massive selling the past two weeks. This is happening just as the next crop of IPO hopefuls is looking to go public in mid-October.

Persons: Instacart, Klaviyo, It's, Johnson, bode, Nizar Tarhuni, Tarhuni Organizations: Arm Holdings, Tech

☆ Once upon a time, the 'Disney adult' was ridiculed. Now, kidless millennials and Gen Z-ers with money to burn are packing into the parks — here's how Disney is winning them over.
▼ + stars: | 2023-09-14 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Newlyweds Natalie and Brett Schwartz exchanged vows at Walt Disney World in Orlando this summer. "Our approach was to shine a light on the beautiful tapestry of people that come to Walt Disney World," Trejo said. Francis Dominic, the former parks worker turned influencer, has also been tapped to promote Disney parks and films. It's a difficult tightrope to navigate, but it could define the future of Disney parks. Are you a Disney parks or Walt Disney Co. insider?

Persons: Sarah Rachul, I'm, Rachul, Orlando —, —, Molly May, Francis Dominic, Dominic, who's, Taylor, Ron DeSantis —, Japan pavilion's Takumi, Jonathan de Araujo, it's, Tara Goldstein, Ann van Oostendorp, Disney, Van Oostendorp, Natalie Schwartz, Brett, Schwartz, Sierra Keller's, Keller, Natalie, Brett Schwartz, Jason Petrina, he's, Disney's, He's, They're, Petrina, Mickey, Chris Evans, Zoe Saldaña, What's, Wan Kenobi, Emperor Palpatine, she'd, welling, haven't, Neph Trejo, Walt, " Trejo, It's, Halle Bailey, Kent Phillips, Gaston, Jeremy Singh, I'd, Singh couldn't, he'd, Singh, they're, Patrick Dougall, Mark Eades, Eades, we've, Amanda Krause, Reed Alexander Organizations: Walt Disney, Epcot, Disney Vacation, Disney, Mouse, Disneyland, Disney Parks, Walt Disney Co, Florida Gov, Universal, Guardians, Galaxy, University of Tampa, Disney World, Honeymooners, Star Wars, Marvel, Magic, Cafe Orleans, Disney World's Hollywood Studios, Hollywood Studios, Star, Gucci, Dooney, Animal, Dole, Walt Disney World's, ABC, Getty, Management, Disney Imagineer, Disneyland Alumni Locations: Ohio, Disney, Orlando , Florida, Anaheim , California, Italy, China, Tuscany, Orlando, Florida, Disneyland Paris, Tokyo, Japan, Epcot, California, Anaheim, Belle Terrace, Hollywood

Spanish farmer Miguel Moreno was an early adopter of so-called cover crops. Spain's drought-hit olive oil production slumped to 663,000 tonnes last year, less than half the average of 1.45 million tons recorded in the previous four harvests, according to the government. In January, it began subsidising farmers who use cover crops as part of the new Common Agricultural Policy (CAP). She said the company was pushed both by customers such as Walmart in the U.S. and by regulation to buy olive oil from producers using sustainable practices. Ecology professor Manzaneda is also coordinator of EU-funded project SOIL O-LIVE and is testing methods for coaxing Albacete's degraded earth back to health.

Persons: Chiclana de Segura, Jon Nazca, Andrea Ronca, Miguel Moreno, Angel, Dcoop, Gonzalo Delacamara, Emilio Gonzalez, Antonio Manzaneda, Manzaneda, Olive, Syngenta, Luis Miranda, Domingo, Marco Trevisan, Dean, Simone Rech, Catalonia's Cava, Sebastiano Conti, Charlie Devereux, Antonella, Corina Pons, Keith Weir, Frank Jack Daniel Our Organizations: REUTERS, Companies Southern, VILLANUEVA DEL ARZOBISPO, Farmers, European Union, of Nutrition, Plant Science, IE, Water, University of Cordoba, University of Jaen, European, Walmart, Swiss, Syngenta, EU, TECH, Smart, Milan Polytechnic, University of Brescia, of Agricultural Sciences, Catholic University of Piacenza, Thomson Locations: Olive, Chiclana, Jaen, Spain, ROME, Italy, Madrid, European, France, Germany, Mantua, Andalusia, European Union, U.S, ITALY, Treviso, Venice, Sicily

☆ Lightning Round: I'd own Chipotle over Cava, says Jim Cramer
▼ + stars: | 2023-09-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I'd own Chipotle over Cava, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Chewy, RTX, St. Joe, Advanced Auto Parts, Illumina, Bel Fuse and Cava.

Persons: Jim Cramer, Joe, Bel Fuse Locations: Cava, St

☆ Cramer's Lightning Round: Yes to St. Joe
▼ + stars: | 2023-09-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon RTX's year-to-date stock performance. Stock Chart Icon Stock chart icon St. Joe's year-to-date stock performance. St. Joe : "I've liked St. Joe forever...I'm going to say yes to that one." Stock Chart Icon Stock chart icon Illumina's year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance.

Persons: Joe, I've, Jim Cramer's Organizations: Parts, Charitable Locations: Joe's, Cava

☆ Instacart’s mixed bag has valuation opportunities
▼ + stars: | 2023-08-28 | by ( Anita Ramaswamy | ) www.reuters.com time to read: +4 min

If it doesn’t push valuation too hard, a public listing could be seamless. Instacart booked net income in 2022, a rarity for a growth company hitting the public market. That brings Instacart’s enterprise value to roughly $17 billion, less than half of what it was worth in 2021 but still higher than the internal valuation it inked last year. Follow @AnitaRamaswamy on XCONTEXT NEWSGrocery-delivery business Instacart filed paperwork to go public on Aug. 25 under the formal name Maplebear. The company, which did not share its target price range in the filing, grew revenue by 39% in 2022 to $2.6 billion.

Persons: Eric Cohn, Cheney Orr, Fidji Simo, Instacart, Simo, Apoorva Mehta, Domino's, Lauren Silva Laughlin, Sharon Lam Organizations: Safeway, REUTERS, Reuters, Nasdaq, Kroger, Aldi, Costco Wholesale, Companies, Thomson Locations: Tucson , Arizona, U.S, Cava

☆ Cava CFO Bets on Distinct Menu to Attract Consumers
▼ + stars: | 2023-08-25 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/cava-cfo-bets-on-distinct-menu-to-attract-consumers-ae9480d2

Persons: Dow Jones

☆ It's the return of the tech IPO. Instacart says it's profitable — and this may be the necessary secret ingredient for a hot market debut in 2023.
▼ + stars: | 2023-08-25 | by ( Samantha Stokes | Melia Russell | Vishal Persaud | ) www.businessinsider.com time to read: +5 min

Tech startups Instacart and Klaviyo filed to go public, marking the return of the tech IPO. Instacart and others going public are profitable, a bar others may have to meet to be successful. That's when software company HashiCorp and cloud tech company Samsara went public. Instacart revealed profits of $428 million in 2022 and $242 million for the first six months of 2023. AdvertisementAdvertisementThat Instacart and Klaviyo are profitable could make them attractive to investors who became skittish in the downturn.

Persons: Klaviyo, Instacart, Tom Loverro, Loverro, IPOs, hasn't, Joe Kaiser, Kaiser, Cava Organizations: Morning, IPOs, P, Sequoia Capital, D1 Capital Partners, Summit Partners, Mercato Partners, Nasdaq, Enterprise Locations: Cava

☆ Gulf Coast officials are scrambling to prepare for a hurricane and extreme heat
▼ + stars: | 2023-08-19 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +8 min

And along the Gulf Coast, officials are now grappling with how to handle two potentially deadly disasters set to compound: a hurricane and extreme heat. Last week, the city issued an emergency declaration for extreme heat, underscoring rising concerns about widespread power outages ahead of peak hurricane season. Experts have also said that extreme heat is a silent killer and can be a major contributing factor in the overall hurricane death toll. “If Miami experienced extreme heat at the same time, portions of our community would have no relief for what could be days or weeks,” Williams told CNN. Officials there are still navigating how to properly prepare for the rapidly changing extreme weather to avoid mass casualties.

Persons: CNN — It’s, ” Anna Nguyen, —, they’ve, ” Christopher Dalbom, who’s, Christiana Botic, Nikisha Williams, ” Williams, Irma pummeled, ” Thomas Muñoz, “, We’ve, Pete Gomez, Hurricane Ida, Eva Marie Uzcategui, Daniella Levine Cava, Gomez, ” Gomez, Williams, ”, Muñoz, I’ve, ” Muñoz, Nguyen, they’re, Katrina, ” Nguyen, “ There’s Organizations: CNN, New Orleans Homeland Security, Preparedness, Tulane Center, Environmental Law, New York Times, The Miami Foundation, Miami, Houston’s Office, Emergency Management, Dade, Bloomberg, Getty, Homeless Locations: Gulf Coast, New Orleans, Miami, Dade County , New Orleans, Houston, Coast, Irma pummeled Florida, Texas, Florida, Dade County, Miami , Florida, “, Orleans

☆ Cava and Sweetgreen see delivery orders fall as customers pick up their own food
▼ + stars: | 2023-08-16 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Delivery orders are typically more expensive, thanks to added fees and tips for delivery drivers. But delivery orders have also become an important contributor to restaurants' revenue because customers' receipt totals are higher. Cava's second-quarter sales growth wasn't hurt by softening delivery sales, but the Mediterranean chain's full-year forecast was cautious. After same-store sales growth of 28.4% for the first quarter and 18.2% for the second quarter, Cava is anticipating same-store sales growth of just 13% to 15% for the full year. Uber said its second-quarter delivery sales rose 14%, while DoorDash's total orders climbed 25%.

Persons: Sweetgreen, Mitch Reback, Cava, Tricia Tolivar, didn't, Uber Locations: Cava, North America

☆ CAVA posts revenue profits in its first quarter since going public
▼ + stars: | 2023-08-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCAVA posts revenue profits in its first quarter since going publicCNBC's Kate Rogers joins 'The Exchange' to discuss CAVA's first earnings report post-IPO, what headwinds are putting pressure on consumer spending, and plans to open nearly 70 new CAVA restaurants.

Persons: Kate Rogers Locations: CAVA

☆ Cava CEO on cautious H2 outlook: Mindful of headwinds facing the consumer
▼ + stars: | 2023-08-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCava CEO on cautious H2 outlook: Mindful of headwinds facing the consumerCava CEO Brett Schulman joins 'Squawk on the Street' to discuss what drove the company's strong quarterly earnings results, why he is more cautious about the second half, and more.

Persons: Brett Schulman

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