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Nov 5, 2025 4:40 PM

CAVA Feels The Pinch As Gen Z Spends Less

CAVA Group, Inc. (NYSE:CAVA) released its Q3 earnings report on Tuesday, missing Wall Street's expectations on the top and bottom lines. 

T.D. Cowen analyst Andrew Charles weighed in on the quarter and what's ahead for the quick-service chain. 

CAVA stock is down. See the real-time price action here. 

Gen Z Spending Less

The analyst pointed to persistent headwinds due to softening spending among Gen Z consumers, which make up an outsized percentage of CAVA's customer base. 

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Gen Z's wallet ...