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0.000206541944320699 -1.08706286483522E-05 -0.000771814634040264 -0.000228283201617558 -0.000989227207009316 -0.00272852779076204 0.00107619223619706 -0.00185887749888568
Stock impact report

This fast-growing chain says ‘no discounts' – and it's paying off [FOX Business Network]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Cava sets itself apart from rivals with a unique strategy: No discounts. The Mediterranean chain , which has launched hundreds of locations nationwide since its founding nearly a decade ago, is sticking to this strategy, maintaining that it doesn't need discounts to generate short-term traffic. Co-founder and CEO Brett Schulman told FOX Business that companies can get into a "short-term trap" of throwing discounts to drive transaction growth in the short term. Public companies, he said, feel pressure from the market, which can make it tempting to chase quarterly results by offering discounts just to hit a number. But Schulman said Cava has consistently made it clear on its earnings calls that this is not the strategy the company intends to follow. He said that those temporary discounts don't build long-term customer relationships or "communicate the differentiated value of what we're putting out every day and serving to our guests." "You can't discount your way to prosperit Show less Read more
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