CAVA Stock Post-Q3 Triumph: A Growth Story Worth Investing In? [Yahoo! Finance]
CAVA Group, Inc. (CAVA)
Company Research
Source: Yahoo! Finance
The company has positioned itself as a leader in this emerging cuisine category, leveraging its unique value proposition to resonate with a broad audience. This momentum reflects CAVA's ability to redefine cultural dining trends and establish Mediterranean cuisine as a major player in the restaurant industry. Earnings & Revenues Beat Estimates: The company reported third-quarter 2024 earnings per share of 15 cents, beating the Zacks Consensus Estimate of 11 cents. In the prior-year quarter, it had reported adjusted earnings of 6 cents. CAVA's revenues were $243.8 million, surpassing the consensus estimate of $235 million and increasing 38.9% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar Traffic & Comps Rise in Q3: The company's results were aided by robust year-over-year traffic and same-restaurant sales growth. In third-quarter 2024, same-restaurant sales increased 18.1%, including guest traffic growth of 12.9%, and a 5.2% jump in men
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CAVA
News
- Is CAVA Group, Inc. (CAVA) Stock Outpacing Its Retail-Wholesale Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Institutional investors in CAVA Group, Inc. (NYSE:CAVA) see US$949m decrease in market cap last week, although long-term gains have benefitted them. [Yahoo! Finance]Yahoo! Finance
- Should You Forget Domino's Pizza? Why You Might Want to Buy This Unstoppable Growth Stock Instead [Yahoo! Finance]Yahoo! Finance
- CAVA to Participate in Morgan Stanley Global Consumer and Retail ConferenceBusiness Wire
- Is CAVA Group, Inc. (CAVA) Outperforming Other Retail-Wholesale Stocks This Year? [Yahoo! Finance]Yahoo! Finance
CAVA
Earnings
- 11/12/24 - Beat
CAVA
Sec Filings
- 12/20/24 - Form 3
- 12/16/24 - Form 3
- 12/11/24 - Form 4
- CAVA's page on the SEC website