3 Restaurant Stocks to Buy on the Dip: July 2024

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 ...