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Restaurants Expect To Take A Hit This Summer As Inflation Takes Its Toll

One of the first things to go when budgets are being tightened is dining out. Restaurants are bracing for the worst this summer thanks to inflation.

Restaurants Face Unappetizing Slowdown As Consumers Buckle Amid Two-Year Inflation Storm

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Cava shares soar as much as 113% after IPO

Restaurant Chain Cava Soars in Debut After $318 Million IPO

(Bloomberg) Fast-casual restaurant chain Cava Group Inc. almost doubled in its trading debut after exceeding the target for its initial public offering by raising $318 million, delivering one of the biggest first-day gains in two years.Most Read from BloombergA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementSocial Security Benefits Targeted for Cuts by House ConservativesStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapAlphabet Selling Google Domains Assets

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