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CAVA Stock vs Chipotle Stock: Who's Winning Fast Casual in 2026? | Q1 Earnings Deep Dive
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While Chipotle Mexican Grill (NYSE:CMG) posted just 0.5% same-restaurant sales comps and declining operating margins in Q1 2026, CAVA Group (NYSE:CAVA) delivered 9.7% comps, 6.8% guest traffic growth, 25% restaurant-level margins, and a 37% jump in adjusted EBITDA, all in the same macro environment. Simon Erickson breaks down what the numbers say about which fast casual chain is winning right now, and what investors should actually be watching to tell the difference between a temporary slowdown
