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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 Cava Group jumped 17% Wednesday, a day after the fast-casual Mediterranean chain reported third-quarter results above expectation and again lifted its fiscal 2024 same-store sales growth outlook.
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.
Strong same-store-sales growth, outlook lifts CAVA Group shares
CAVA Group's (CAVA) shares rose in premarket trading on Wednesday after the Mediterranean fast-casual restaurant brand topped analyst estimates for quarterly results. Read more details here.
1h
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) ...
6h
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 ...
15h
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 ...
16h
on MSN
Cava CFO touts 15 straight quarters of growth, says brand a hit with flavor-seeking Gen Z
Cava has had 15 consecutive quarters of revenue growth going back to Q1 2021, CFO Tricia Tolivar told me on Tuesday. Q3 ...
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 ...
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
7h
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.
13h
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 ...
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 ...
SchaeffersResearch.com
18h
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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