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Cava cuts sales Outlook and its stock tumbles
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Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...
CAVA Group's Q2 results show slowed same-restaurant sales but highlight new store growth and innovation. Analysts weigh in on ...
Shares of Cava dropped 21% in extended trading on Tuesday, after the Mediterranean restaurant chain lowered its annual ...
CAVA wasn’t immune to the pressures weighing on much of the restaurant industry in the second quarter. But even in one of its ...
On the profitability front, Cava's adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA) climbed ...
Cava stock tumbled in off-hours trading, after the Mediterranean fast-casual restaurant chain reported weaker-than-expected ...
While "disappointed" by Cava's Q2 same-restaurant sales growth of 2.1%, Stifel analyst Chris O'Cull said that doesn't justify ...
Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...
The company launched same-day grocery delivery in 1,000 cities and plans to more than double it to over 2,300 U.S. areas by ...
Brett Schulman, who’s a very perceptive man, the CEO of CAVA said, ‘We have a fluid… macroeconomic climate.’ He told ...
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