WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Thursday, March 14, 2024. Brett Schulman and Tricia Tolivar will participate in 1x1 meetings and a fireside chat at 3:00 PM EDT. The fireside chat will be available on the “Events and Presentations” section of t ...

Every month presents new opportunities for investors to make money. While it’s possible to make money by trading stocks, people who take a long-term approach can make higher profits with less effort. This has led to this list of top stocks to buy.Buying and holding growth stocks and monitoring their performances can lead to better returns. However, you have to pick the right stocks to achieve your financial goals. These are some of the top stocks to buy in March 2024.Deckers Outdoor (DECK)Source: Golden Day ...

Shares of Mediterranean restaurant chain Cava (CAVA 3.29%) stock gained 25% in February according to data provided by S&P Global Market Intelligence. It reported strong fourth-quarter results and investors are excited about its potential.Looks like the real dealCava took the market by storm when it debuted as one of the only exciting initial public offerings (IPO) in a dry year last June. Investors have been following its trajectory to see if it can really make it as a popular and successful fast-casual res ...

Key PointsCava Group stock is currently trading about 4% below its February 29 high of $59.84, finding support 6.1% above its 10-day moving average, a bullish sign.Strong demand in the restaurant industry supports the performance of Cava and other fairly new stocks such as Wingstop and Shake Shack. Cava Group earnings beat analyst expectations since going public.5 stocks we like better than CAVA GroupRestaurant stocks have defied expectations of inflation-induced decline and are among the market's top perfo ...

Fool.com contributor Parkev Tatevosian evaluates Cava (CAVA -0.57%) stock and answers if it is an excellent stock to buy for long-term investors. *Stock prices used were the afternoon prices of March 2, 2024. The video was published on March 4, 2024. ...

Cava (CAVA -0.19%) just reported revenue of $175.5 million (up 52.5% year over year) and diluted earnings per share of $0.02 (compared to a $13.72 year-ago loss) for the 13-week period that ended Dec. 31. Both figures exceeded Wall Street estimates. It's not a surprise, then, that the stock is up 34% year to date (as of Feb. 29); investors are enthusiastic about the business.This restaurant stock has now surged 72% in just the last three months. But some bullish shareholders likely have their sights set on ...

From a technical perspective, Cava Group (CAVA) is looking like an interesting pick, as it just reached a key level of support. CAVA recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.The 20- ...

Company Participants Brett Schulman - Chief Executive Officer Conference Call Participants Jon Tower - Citigroup Inc. Andy Barish - Jefferies Group LLC Chris OÂ'Cull - Stifel Financial Corp. Andrew Charles - TD Cowen Brian Vaccaro - Raymond James Financial, Inc. Operator I would now like to turn the conference over to Matt Milanovich, SVP of Finance. Please go ahead. The purpose of this conference call is to give investors further details regarding the companyÂ's financial results, as well as a general upda ...

Shares of restaurant company Cava Group (CAVA 11.86%) hit new all-time highs on Tuesday after the company released financial results for the fourth quarter of 2023, showing strong growth and encouraging profits. As of 2:30 p.m. ET, Cava stock was up about 11%.A great year for CavaIn 2023, Cava grew revenue by 60% compared to 2022, surpassing $700 million for the year. Moreover, the company was profitable with full-year net income of $13.3 million -- not bad for a small chain of only 309 locations that just ...

Cava Group Inc (NYSE:CAVA) stock is surging, up 11.2% to trade at $56.16 at last glance, following the fast-casual restaurant's better-than-expected fourth-quarter results. Publicly traded since July 2023, today's pop earlier sent CAVA to a fresh record high of $58.22.  The Mediterranean fast-casual restaurant chain opened on June 15 at $42.00, after being priced at $22 the day prior. The shares closed at $43.30 on its debut, and are now up roughly 30% in 2024 already.Options traders are blasting the equity ...