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Missed Out on Chipotle Mexican Grill? Buy Cava Instead
The Motley Fool· 2024-07-30 12:07
Fast-casual giant Chipotle Mexican Grill has been a huge success for investors, while Cava is still in the early growth phase of its life. Newcomer Cava Group (CAVA 3.29%), which serves up Mediterranean fare, has only been public since mid2023 and its stock price has advanced around 80% or so, but that's still nowhere near as much as Chipotle's has gained over time. Chipotle and Cava have one big similarity Many of those ingredients, meanwhile, are being prepared right behind the assembly line in a visible ...
2 Consumer Stocks To Watch In August 2024
Stock Market News, Quotes, Charts And Financial Information | Stockmarket.Com· 2024-07-30 02:12
The consumer sector represents companies that sell goods and services directly to individuals. It includes industries like retail, food and beverage, entertainment, and personal care. Consumer stocks are shares of these companies that are traded on the stock market. They often reflect broader economic trends and consumer spending habits. The sector is typically divided into consumer discretionary and consumer staples categories. Chipotle Mexican Grill (CMG Stock) Buying consumer stocks can offer several adv ...
3 Restaurant Stocks to Buy on the Dip: July 2024
Investor Place· 2024-07-28 11:45
Still, the disappointing international openings guidance shouldn't negate what was an excellent quarter. Overall, the company delivered solid same-store sales growth of 4.8% in the U.S. and 2.1% in international stores. As a result, total global retail sales surged 7.2% year-over-year, an improvement from the 5.8% growth recorded in Q2 2023. Indeed, CAVA has been opening new restaurants at a rapid pace. In its S-1 filing last year, it disclosed it had 263 restaurants. Since then, this number has grown to 32 ...
4 Reasons to Buy Cava Stock Like There's No Tomorrow
The Motley Fool· 2024-07-27 09:15
This restaurant chain brings a quality of opportunity to the table not often offered by the industry. Cava Group (CAVA 2.06%) isn't exactly a household name -- yet. Most consumers have probably never even heard of it, let alone eaten at one of its 323 restaurants spread across 25 states. Indeed, the most likely reason you're reading this right now is simply because the company's been getting lots of added attention since going public in June 2023, sending the stock much higher in the meantime. If you're loo ...
Cava Group (CAVA) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-07-25 22:55
Shares of the Mediterranean restaurant chain witnessed a loss of 15.11% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 2.37% and the S&P 500's loss of 0.26%. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.34 per share and revenue of $905.54 million, which would represent changes of +61.9% and +24.27%, respectively, from the prior year. Our research reveals that these estimate alterations are directly linked with the stock pri ...
3 Plunging Restaurant Stocks to Eat Up for Cheap
Investor Place· 2024-07-25 12:00
Restaurant stocks have been hit rather hard in this inflationary climate. Thanks to customers' resistance to higher prices, the pricing power of various fast-food firms has proven somewhat limited recently. However, I do think waning inflationary pressures and price rollbacks could help the quick-serve restaurant and fast-food firms stage a much-awaited comeback. Sure, some restaurants may need to sacrifice their margins to reverse falling in-store traffic trends. Regardless, such a hit, I believe, will be ...
Up 66% in the Past 12 Months, Is It Too Late to Buy Cava Stock?
The Motley Fool· 2024-07-21 18:00
The market has a huge appetite for this fast-casual restaurant chain. Promise of huge growth Cava is hitting on some key trends that are working in its favor. For starters, the fast-casual food setup is a hit with consumers, thanks to its relative affordability and greater convenience when compared to fine dining. Moreover, Cava's focus on healthy menu items is likely drawing more interest thanks to heightened focus from customers on their wellness. Not a sure thing Some could argue that Cava is simply deal ...
Is Cava Stock a Buy Today? Wall Street Has Its Doubts
The Motley Fool· 2024-07-20 18:20
Only half of analysts think investors should buy Cava stock right now. While investors can't seem to get enough of Cava stock, Wall Street has taken a more cautious view of the company. Is it still a buy? Cava is one of several hot stocks in the fast-casual restaurant category. Pioneered by Chipotle Mexican Grill, fast-casual chains offer a step-up in ambiance and quality from fast-food. Other popular names include Sweetgreen and Shake Shack. The chain is already operating in 25 states plus Washington D.C. ...
Best Stock to Buy Right Now: Chipotle Mexican Grill vs. Cava Group
The Motley Fool· 2024-07-20 14:15
By just about any measure, Chipotle is a standout in the restaurant sector today. And the chain continues to execute at a high level, with first-quarter sales rising a huge 14.1% and same-store sales, which looks at sales for locations open for at least a year, up a very impressive 7%. That speaks to a management team that is firing on all cylinders, operating its current fleet at a high level, which is captured in the same-store number, while also adding new locations that boost overall sales. Cava is comi ...
Cava Group (CAVA) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-07-18 22:56
Shares of the Mediterranean restaurant chain witnessed a loss of 14.58% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 1.58% and the S&P 500's gain of 2.14%. Cava Group (CAVA) ended the recent trading session at $79.99, demonstrating a -1.83% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.78%. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%. Analysts and investors alike will be keepi ...