Cava reported incredible second-quarter results. But that's just a small snapshot of its story. When Cava (CAVA -6.39%) went public in June 2023, it was hailed by some as the new Chipotle Mexican Grill (CMG -0.25%). It operates a similar model of fast-casual restaurants offering healthy, fresh food, with its Mediterranean-style fare providing a different spin on the concept. Cava is meeting investor expectations, and just over a year into being a public company, it's heading in the right direction. Should C ...

Cava Group (CAVA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this Mediterranean restaurant chain have returned +40.6% over the past month versus the Zacks S&P 500 composite's +2.6% change. The Zacks Retail - Restaurants industry, to which Cava belongs, has gained 13.6% over this period. Now the key question is: Where could the stock be headed in the near term? Wh ...

Nvidia has dominated the stock market this year, but there have been other big winners as well. Nvidia (NVDA 1.46%) has been the star of the stock market this year. The artificial intelligence (AI) chip specialist has wowed investors with triple-digit revenue growth and an even faster surge on the bottom line as it drives the generative AI revolution forward. No other stock in history has added trillions of dollars in market value so fast, and Nvidia even briefly became the most valuable company in the worl ...

Key Takeaways Cava shares fell from their record high after a major shareholder and several executives sold shares. Cava CEO Brett Schulman and CFO Tricia Toliver were among those who disclosed stock sales. The moves came after the restaurant chain's shares soared on its better-than-expected results for the second quarter. Shares of Cava (CAVA) fell over 5% Tuesday after records showed a major shareholder and several executives sold shares. Cava CEO Brett Schulman sold 201,504 shares worth $24.9 million, ac ...

CAVA Group Inc (NYSE:CAVA) stock is retreating sharply from last session's record highs, down 7.2% at $116.79, after reports that several insiders are selling shares following the stock's latest post-earnings rally. This includes CEO Brent Schulman, who sold 210,504 shares for $35.868 million. Since the start of 2024, the fast-casual restaurant stock has added 170%, with consistent record highs along the way. The stock yesterday extended Friday's 19.6% pop, marking an all-time high of $128.18. A short-term ...

CAVA Group Today | --- | --- | |----------------------|-------| | | | | CAVA | | | CAVA Group | | | $125.80 | | | +3.80 (+3.11%) | | | 52-Week Range $29.05 | | | ▼ | | | $128.18 | | | P/E Ratio | | | 306.84 | | | Price Target $105.08 | | | Add to Watchlist | | Mediterranean fast-casual restaurant operator CAVA Group Inc. NYSE: CAVA shocked Wall Street with its stunning second-quarter 2024 earnings release. While the company beat consensus estimates by 4 cents, the real standout metric is the 14.4% YoY compa ...

The stock for this fast-casual restaurant chain has a lot more potential upside ahead. Shares of Cava Group (CAVA 3.12%) soared after the operator of fast-casual Mediterranean-themed restaurants saw its same-store sales surge when it reported its fiscal 2024 second-quarter results. The stock price has now nearly tripled this year. Let's delve into Cava's most recent earnings report and see whether the stock still makes a good investment after its huge run this year. A surge in revenue Cava saw revenue for i ...

Cava's Mediterranean-themed restaurants are drawing crowds and it is opening new locations, hinting at material long-term growth potential. Cava Group's (CAVA 3.12%) stock has been on a tear, well more than doubling in value since the company came public in June 2023. That's a huge price gain in a very short period of time, creating some concern that a bubble may have formed. However, investors concerned that all the gains are already priced in shouldn't pass on the stock without giving it a good look. Smal ...

fcafotodigital CAVA Group (NYSE:CAVA) came to bat in their Q2'24 earnings release with a beat and raise to eFY24 guidance to operations. Given the improving dietary trends in the younger generations, I believe CAVA is in a strong position as a healthy and customizable, protein-forward eating option. In addition to the generational appeal, CAVA has a long runway for regional expansion, as the firm anticipates adding 22-25 new locations in e2h24 and growing by 15% in eFY25. Given that shares are priced to per ...

The economy has given investors plenty of reasons to stay away from consumer discretionary stocks lately, from inflation-choked consumers driving credit card delinquency rates higher to the postponement of interest rate cuts coming from the Federal Reserve (the Fed). However, a few worthy mentions in the space demonstrate strength through any cycle. CAVA By popularity and affordable quality, stocks like Chipotle Mexican Grill Inc. NYSE: CMG and McDonald's Co. NYSE: MCD have gathered momentum and strength in ...