Profile
Sector:
Consumer CyclicalIndustry:
RestaurantsCountry:
United StatesIPO:
16 June 2023Website:
http://www.cava.comNext earnings report:
12 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 14 min agoDividend
Analysts recommendations
Institutional Ownership
CAVA Latest News
Cava Group (CAVA) reachead $132.12 at the closing of the latest trading day, reflecting a +0.45% change compared to its last close.
Cava's Mediterranean-themed restaurants are executing well and spreading fast, which hints at the huge opportunity ahead.
CAVA, ORLA and CVNA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 25, 2024.
Cava Group (CAVA) reachead $138.65 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.
I maintain my buy rating on CAVA Group (CAVA) due to its impressive capital management that fuels rapid expansion. CAVA's financial strength is evident with a 35% YoY revenue growth, 14.4% same-store sales increase, and a healthy profit margin of 26.5%. The company's strategic expansion in high-income areas and minimal debt enhances resilience and growth potential, despite current economic uncertainties.
The restaurant industry is likely to reap benefits from value-driven strategies, improving store operations and broadening menu selections.
WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference call on Tuesday, November 12, 2024 at 5:00 PM Eastern Time to discuss third quarter 2024 financial results and provide a business update. A press release with third quarter financial results will be issued at approximately 4:10 PM Eastern Time on Tuesday, November 12, 2024. The call will be webcast li.
Shares of this fast-casual restaurant chain have crushed the market this year.
CAVA benefits from menu innovation, such as the Garlic Ranch Pita Chips and Steak + Harissa Bowl, and expansion into new markets.
A little competition never stopped Chipotle.
What type of business is CAVA?
CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc. was founded in 2006 and is headquartered in Washington, the District of Columbia.
What sector is CAVA in?
CAVA is in the Consumer Cyclical sector
What industry is CAVA in?
CAVA is in the Restaurants industry
What country is CAVA from?
CAVA is headquartered in United States
When did CAVA go public?
CAVA initial public offering (IPO) was on 16 June 2023
What is CAVA website?
https://www.cava.com
Is CAVA in the S&P 500?
No, CAVA is not included in the S&P 500 index
Is CAVA in the NASDAQ 100?
No, CAVA is not included in the NASDAQ 100 index
Is CAVA in the Dow Jones?
No, CAVA is not included in the Dow Jones index
When was CAVA the previous earnings report?
No data
When does CAVA earnings report?
The next expected earnings date for CAVA is 12 November 2024