CAVA Stock Recent News
CAVA LATEST HEADLINES
Cava Group (CAVA) closed the most recent trading day at $74.24, moving -0.09% from the previous trading session.
Spanish cava producer Freixenet said on Saturday it has reached a deal with unions over its proposal to introduce a "short-time work scheme" for nearly 80% of its workforce due to a drought.
In the most recent trading session, Cava Group (CAVA) closed at $71.94, indicating a +1.91% shift from the previous trading day.
Historically, Starbucks has been a top performer, but the stock has struggled recently. Cava Group is growing quickly and showing strong profit margins.
Here is how Cava Group (CAVA) and Chipotle Mexican Grill (CMG) have performed compared to their sector so far this year.
The Cava restaurant chain is a "hot" new food concept with a Mediterranean flare. After expanding rapidly in 2023 and 2024, growth should continue at a slightly slower pace.
CAVA Group (NYSE: CAVA) stock price just gone vertical and is slowly approaching its all-time high after the spectacular Chipotle Mexican Grill (CMG) earnings. It jumped to a high of $70, a few points below its all-time high of $71.40.
Chipotle Mexican Grill CMG reported earnings Wednesday after the market close and did not disappoint shareholders.
In the most recent trading session, Cava Group (CAVA) closed at $60.41, indicating a -1.27% shift from the previous trading day.
Cava is enjoying strong consumer demand and world-class restaurant economics. Not all of the company's food is prepared onsite, and a new food-prep facility will allow it to expand to 750 locations.