Brett Schulman

7 statements across 2 episodes · 3 bullish · 1 bearish · 2 people on the record · first statement Nov 27, 2023 by Brett Schulman · said 1 times in 1 episodes since 2024 · across every show →

On the record as a speaker too: Brett Schulman's record, appearances and statements → this page counts the times other people say the name.

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Everything said about Brett Schulman, oldest first

Nov 27, 2023
Disclosure
Panera founder Ron Shaich helped engineer CAVA's acquisition of Zoës Kitchen
“Zoës had approached him, and he said, you know, what do you think about if our investors put together the capital, we acquire it, and give it to you, Brett, and your team?”
Brett Schulman Nov 27, 2023 ▶ 1:00:57 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023
Assertion Not checkable as stated
CEO Brett Schulman warned CAVA's founders against giving him 25% equity
“I remember, you know, to his credit, he looked at me and he actually told me that that was, that's actually a bad decision. That's bad. You know, he's trying to give me good, good advice as a business partner already. Like, that's not a good thing to just give…”
Ted Xenohristos Nov 27, 2023 ▶ 40:01 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023 positive
Insight
Schulman: Walk-the-line formats create labor efficiencies that fund premium ingredients
“And one of the things that struck me that really helped us make the decision was that the walk the line format allowed very efficient labor costs. You know, it's the old Henry Ford production line. That allowed you to invest in high quality ingredients”
Brett Schulman Nov 27, 2023 ▶ 42:26 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023 positive
Assertion Not checkable as stated
Schulman: CAVA's Mosaic location opened at twice previous locations' run rate
“And we had two hour long lines and the restaurant opened, you know, for its regular service the next day at twice the revenue run rate of the other restaurants that had opened and the other restaurants all started to grow in concert with it.”
Brett Schulman Nov 27, 2023 ▶ 52:46 CAVA: Ted Xenohristos and Brett Schulman
Nov 27, 2023 bearish
Assertion Not checkable as stated
Zoës Kitchen's same-store sales plummeted 12% right as CAVA's acquisition closed
“And when we were negotiating the deal, the sales were declining about three to four percent, same restaurant sales, you know, year over year. And I get this report just sent to my inbox, and I open it up, and it's -12.”
Brett Schulman Nov 27, 2023 ▶ 1:03:56 CAVA: Ted Xenohristos and Brett Schulman
Jul 4, 2024 neutral
Assertion Supported
Schulman: Integrating Zoës Kitchen made 2019 his hardest career year
“When we bought a company, Zoe's Kitchen, back in 2018, right? Devin Strahan: Yeah, I remember. Brett Schulman: Man, 2019 was the hardest year of my career.”
Brett Schulman Jul 4, 2024 ▶ 14:12 Advice Line with Brett Schulman of CAVA
Jul 4, 2024 positive
Assertion Not checkable as stated
Schulman: CAVA turned around Zoe's Kitchen by simplifying and doing fewer things
“What you don't do is often more important than what you do do. And that really helped us turn the tide in the challenges of Zoe's is when I finally figured that out and we simplified and focused and did fewer things a lot Better. And that helped us get out of …”
Brett Schulman Jul 4, 2024 ▶ 46:42 Advice Line with Brett Schulman of CAVA
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