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0.000515430706784437 -0.00212615166548555 -0.00277044004896596 -0.00251272469557365 0.0123059081244765 0.000257715353392127 0.0295084079634045 0.0312479865988016
Stock impact report

Why Cava Stock Was Down 23% in Q1 as the S&P 500 Had Its Worst Quarter Since 2022 [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
enthused about its 2025 outlook , and that was followed up by fear in the markets about the coming tariff program. Younger, riskier stocks typically fall when the market runs to safe stocks. Cava is a fast-casual restaurant chain that's getting a lot of attention from investors. It's becoming very popular where it already has locations, but it only has 367 as of the end of 2024, which means it could skyrocket as it adds more stores. That's whetting investor appetites. It's been performing well across metrics. Revenue increased 33% year over year in 2024 driven by a 13% increase in same-store sales. Restaurant-level profit increased 34%, and restaurant-level profit margin expanded by 0.2 percentage points to 25%. Net income increased from $13.3 million to $130.3 million, and free cash flow purned positive at $52 million. Because it's so new, it's been built with digital as a major part of its model, and digital sales accounted for more than 36% of the total. The concept of premiu Show less Read more
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