Here's What to Expect From CAVA Group's (CAVA) Q4 Earnings

CAVA Group, Inc. (CAVA) is likely to have reported sequential earnings and total revenue decline when the company reports fiscal fourth-quarter 2023 results. The downtrend is quite likely to have been driven by lingering macroeconomic headwinds, restricted consumer spending and inflationary risks.In the last reported quarter, earnings and revenues topped the Zacks Consensus Estimate by 700% and 2.5%, respectively. Moreover, sequentially earnings declined 71.4% but revenues grew 1.7%.How Are Estimates Placed ...