Restaurants are starting to see a drop in traffic and pressure from higher commodity prices and labor costs. So, it’s no surprise restaurant stocks are down big this year, but the size of the drop in names like Cava and Chipotle are shocking. Plus, we cover the one restaurant tech stock you need to know.
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
- Cava’s big earnings drop
- Why Chipotle has struggled
- Restaurants as an economic warning
- 1 restaurant tech stock that’s still growing
Companies discussed: Cava (CAVA), Chipotle (CMG),
Host: Travis Hoium
Guests: Lou Whiteman, Rachel Warren
Engineer: Dan Boyd
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