CAVA Stock Recent News

CAVA is a customer favorite in the fast-casual dining sector, showing bullish trends in stock performance, growing locations, and same-store revenue. Recent earnings report indicates a 30.3% increase in revenue, 14 new restaurant openings, and increased fiscal guidance for 2024. CAVA has much room to grow across the U.S., with a great potential for an increased number of locations and a larger consumer base.

CAVA Group (NYSE: CAVA) stock has done well this year, making it one of the best-performing restaurant companies in Wall Street. It has jumped by over 128% this year, beating the Invesco Food & Beverage ETF (PBJ), which is barely moved.

CAVA Group's (CAVA) second-quarter 2024 top line is likely to have been aided by an increase in visitation and menu price.

Cava has done very well since we recommended the stock at $31 per share. Will the company's stock continue to rally? Today, we're diving into the nitty gritty details that analysts will be looking at going into the Q2 report. We think Cava is well positioned to move higher, and if shares dip (unless its from something completely unexpected), then we see any selloff as highly buy-able.

Todd Gordon, founder of Inside Edge Capital and CNBC contributor, joins 'Power Lunch' to discuss CAVA, the Mediterranean fast-casual restaurant chain, and why he likes the stock.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Cava (CAVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cava is opening stores at a brisk pace, with huge long-term plans. Its path won't be easy, as the restaurant industry is hyper-competitive.

Shares of CAVA are up 110.1% in 2024, based on its widespread expansion into new territories inside the United States.

Cava Group's affordable Mediterranean menu has been a hit with consumers. The up-and-coming restaurant chain is expanding quickly across the U.S. Growth-minded investors that can shrug off its volatility will appreciate the potential upside of this stock.