For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Cava Group (CAVA) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Cava Group is a member of our Retail-Wholesale group, which includes 218 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst ...

Key PointsCAVA Group operates build-your-bowl assembly line Mediterranean fast-casual restaurants offering customers healthy and fresh food bowls.CAVA Group IPO'ed in 2023 as revenues continue to climb 49.5% YoY with profits and plans to grow units by 15% YoY with 213 restaurants year-to-date (YTD).CAVA Group was recommended as Bard's top pick for 2024.5 stocks we like better than CAVA GroupMediterranean fast-casual restaurant operator CAVA Group Inc. NYSE: CAVA is often compared to Chipotle Mexican Grill I ...

Mario Tama 2023 was a less than stellar year for initial public offerings as the below graphic from Ernst & Young illustrates: E&Y The number of IPOs in 2023 was lower than 2022 and considerably lower than 2021. Still there were a few notable IPOs from the prior year. Today, I’d like to discuss a founder-led company that debuted in 2023 that has caught the eye of numerous investors. That company is CAVA Group, Inc. (NYSE:CAVA) Let’s dig into the details to see how this company has performed since goin ...

Since it debuted on the public markets at $22 per share in June 2023, Cava Group (CAVA -0.05%) has been a winner for investors. As of this writing, the stock is up 93% from that opening price, trouncing the broad S&P 500 market index.But before rushing to buy this restaurant stock, investors should consider where the business could be in five years. This long-term mindset forces us to think about the factors that really matter.Growth is the main storyThe company had its initial public offering about seven m ...

Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.Now that we know how im ...

CAVA Group Inc (NYSE:CAVA), a recent addition to Wall Street, was last seen 4.1% higher to trade at $42.77 after a bull note. Wedbush upgraded the Mediterranean restaurant chain to "outperform" from "neutral," predicting another quarter of upside, as well as the company's position to beat headwinds blowing in from lower grocery inflation.Last week, TD Cowen initiated coverage on CAVA with an "outperform" rating and a $46 price target. And while the majority of analysts are bullish on the restaurant stock, f ...

Key PointsApproximately 34 million shares of CAVA exchanged hands last week, almost 10 million more than were traded during its June 2023 IPO week.CAVA aims to differentiate itself by offering healthy Mediterranean fare while promoting hot social topics in an ultra-competitive, fast-casual space.The key piece of CAVA's growth strategy is well-dispersed with an ongoing store expansion.5 stocks we like better than CAVA GroupLike one of its colorful salad bowls, fast-casual restaurant chain CAVA Group Inc. NYS ...

CAVA | --- | --- | |----------|------------------------| | | | | | | | | | | Q3 2023 | | | EARNINGS | | | | SUPPLEMENTAL MATERIALS | November 7, 2023 Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that reflect our current views with respect to, among other things, our operations and financial performance. Forward-looking statements include all statements that are not ...

Our third quarter profitability demonstrates the power of our business model. Given our current stage of growth and our commitment to continued investments in our restaurants, we do not expect to maintain this level of profit margin in the near term. CAVAÂ's food, beverage and packaging costs were 29.4% of revenue, lower than third quarter of 2022 by 190 basis points, driven by lower input costs and higher incidence of premium menu items, driving favorable product mix. CAVA labor and related costs were 25.3 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 01, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-41721 CAVA Group, Inc. (Exact name of registrant as specified in its charter) Delaware 47-3426 ...