Cava Cuts Full-Year Outlook as Same-Store Sales Growth Slows in Third Quarter

Denny's, the popular restaurant chain known for its diner-style meals, is set to go private in a significant $620 million deal. This move is expected to provide the company with more flexibility to innovate and adapt to changing consumer preferences without the pressures of public market scrutiny. Going private could allow Denny's to focus on enhancing its menu and improving customer experience, which is crucial in a competitive dining landscape.

Cava, the fast-casual restaurant chain, has revised its full-year outlook, now anticipating same-restaurant sales growth of only 3% to 4%, a decrease from the previous estimate of 4% to 6%. This slowdown in growth reflects challenges the company is facing in the current market.

Pinterest reported a 17% increase in sales for the third quarter but anticipates a slowdown in revenue growth for the fourth quarter, projecting an increase of only 14% to 16%. This shift highlights the challenges the platform faces in maintaining its growth momentum.

In the latest episode of the Big Take Asia podcast, the discussion focuses on how major Asian economies are managing the increasing tensions between the US and China following the recent APEC summit.

Investors are feeling uneasy as the S&P 500 and Nasdaq experienced their largest one-day declines in weeks. This downturn follows announcements from major tech companies regarding their AI spending plans for 2026, raising concerns about the sustainability of such investments.

Digital Turbine has reported its Q2 2026 earnings, surpassing expectations and showcasing strong financial performance. This positive outcome reflects the company's effective strategies and growth in the digital marketplace.

Cumberland Pharmaceuticals reported impressive revenue growth in their Q3 2025 earnings call, showcasing strong performance and positive market response. The company highlighted key strategies that contributed to this success, indicating a promising future ahead.