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Cava Stock Looks Spicier But Undercooked After Earnings Beat
Investor's Business Daily127d agobullish
Cava Stock Looks Spicier But Undercooked After Earnings Beat

Cava stock jumped on Wednesday after the fast-growing Mediterranean chain posted stronger-than-expected sales, traffic and earnings growth. Cava Group revenue growth was the fastest since the third quarter of 2024, while same-store sales growth was the best in a year. Restaurant Dive said that Cava's traffic and sales trends "far outpaced its fast casual rivals," noting that Sweetgreen and Wingstop posted some of their worst-ever comparable-store sales gains in Q1.

Investing.com128d agobullish
Cava stock rises on earnings beat and raised guidance

Investing.com -- CAVA Group Inc (NYSE:CAVA) reported first quarter results that exceeded analyst expectations, driving shares up over 6% in after-hours trading Tuesday as the Mediterranean fast-casual chain raised its full-year outlook.