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Cava is riding a strong wave, but the stock’s quadrupling in 2024 has analysts wary
Cava Group Inc., the Mediterranean-focused fast-casual restaurant chain, is riding a strong wave that shows no sign of cresting with its latest earnings beating Wall Street estimates on every metric,
Cava Stock Surges To All-Time High on Strong Earnings, Sales Outlook
Shares of fast-casual Mediterranean chain
Cava
Group surged Wednesday, a day after its third-quarter results beat analysts' estimates. Revenue, profit, and same-store sales growth increased from a year ago.
Cava
again lifted its fiscal 2024 same-store ...
Cava Stock: Analysts Rush to Raise Price Targets After Earnings
Wedbush, for one, issued a Street-high price target for Cava stock after its beat-and-raise quarter. Here's what you need to know.
11h
on MSN
Cava’s stock rallies 16% as Chipotle competitor vies to be ‘next major cultural cuisine’
Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented ...
Yahoo
4h
Why Cava Group Stock Popped Today
Shares of fast-casual Mediterranean food chain
Cava
Group (NYSE:
CAVA
) were on the move today, jumping after the company ...
19h
Cava surges after annual sales forecast raise on steak, pita chips demand
Restaurant chain Cava's stock soared nearly 17% to $169.40 in premarket trading on Wednesday, after it exceeded third-quarter ...
Invezz
1d
Cava stock: what could drive future gains after a 300% year-to-date rally?
Cava
Group reports market-beating financial results for its fiscal Q3. CEO Brett Schulman explains what will drive future ...
5h
Here Is One Telling Sign Of White-Hot Cava IPO's Momentum
Mediterranean chain Cava raised full-year outlook as well. Q3 sales jumped 39%, accelerating from Q2's pace. Groupon (GRPN) ...
Nation's Restaurant News
1d
CAVA shows no signs of slowing momentum
CAVA
once again bucked industry-wide trends in the third quarter, turning in a same-store sales increase of 18.1% driven largely by a 12.9% increase in traffic. Further, average unit volumes grew to ...
restaurantdive
11h
Cava’s winning comp sales streak continued in Q3
Cava is the clear leader of the Mediterranean fast casual segment, and has had one of the strongest 2024s of any major brand.
1d
Mediterranean Restaurant Chain Cava Lifts Annual Sales Growth Forecast, Shares Jump
Cava now expects 2024 same-restaurant sales growth of 12% to 13%, up from previous expectations of 8.5% to 9.5%. The ...
17h
What's Going On With CAVA Stock Wednesday?
CAVA shares are moving higher on Wednesday after the company reported better-than-expected 2024 third-quarter earnings after ...
SchaeffersResearch.com
22h
Outperforming Cava Stock Nabs Post-Earnings Record
Shares of
CAVA
Group Inc (NYSE:
CAVA
) are gapping to new highs today, after the fast-casual restaurant name posted ...
QSR magazine
1d
CAVA CEO Sees ‘Tipping Point’ for Mediterranean Segment as Sales Soar
CAVA
CEO Brett Schulman said a “confluence of factors is coming together” to fuel the fast casual’s growth, including the ...
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