CAVA Stock Recent News

Cava reported impressive growth on the top and bottom lines in its second quarter. The company continues to expand its store base rapidly.

Mediterranean fast-casual restaurant company Cava Group CAVA has more upside with the stock at all-time highs thanks to revenue and unit growth, an analyst says after second-quarter financial results.

CAVA Group, Inc. CAVA reported better-than-expected second-quarter financial results on Thursday.

The success of Cava Group Inc.'s new grilled-steak offering has prompted analysts to raise their price targets for the fast-casual Mediterranean restaurant chain.

CAVA Group impresses investors with beats on top and bottom, raising valuation. Stock priced at approximately 150x forward free cash flow, valuation questioned. CAVA's near-term prospects look promising, driven by revenue growth and expansion efforts.

CAVA Group, Inc. (NYSE:CAVA ) Q2 2024 Earnings Conference Call August 22, 2024 5:00 PM ET Company Participants Matt Milanovich - Investor Relations Brett Schulman - Co-Founder and Chief Executive Officer Tricia Tolivar - Chief Financial Officer Conference Call Participants David Tarantino - Baird Brian Harbour - Morgan Stanley Andrew Charles - TD Cowen Chris O'Cull - Stifel Andy Barish - Jefferies Sharon Zackfia - William Blair Brian Mullan - Piper Sandler Jon Tower - Citi Rahul Krotthapalli - JPMorgan Jeffrey Bernstein - Barclays Brian Vaccaro - Raymond James Operator Good afternoon, ladies and gentlemen, and welcome to the CAVA Second Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.

Nick Setyan, Wedbush, joins 'Closing Bell' to discuss Cava ahead of the restaurants earnings report.

Shares of Cava Group Inc. rose more than 6% in the extended session Thursday after the fast-casual Mediterranean restaurant chain posted quarterly earnings that more than doubled, saying that its new grilled steak main dish ‘significantly” outperformed expectations.

@LikeFolio's Andy Swan says there are "signs revenue will grow higher" for CAVA Group (CAVA), and that "profits will follow." Part of the success comes from its web traffic.

Cava, the Mediterranean fast-casual chain, is poised to make waves with its upcoming Q2 earnings report.  Investors are eagerly anticipating the results, as the company's stock has recently soared to a new all-time high of $102.39.