Streetbeat News

CAVA

CAVA Group, Inc.

https://www.cava.com

Industry

Restaurants

CAVA Group, Inc. owns and operates a chain of Mediterranean restaurants. The company offers salads, dips, spreads, toppings, and dressings. It sells its products through whole food markets and grocery stores. The company also provides online food ordering services. Cava Group, Inc. was founded in 2006 and is based in Washington, District of Columbia.

Open

137.75

Mkt cap

16B

Volume

3.7M

High

142.09

P/E Ratio

785.44

52-wk high

172.43

Low

135.10

Div yield

N/A

52-wk low

31.47

Cava Group, Inc. (NYSE: CAVA) has seen its stock rise by 255% year to date, driven by a strong third-quarter earnings report and a 17% premarket surge. The company is set to reach an all-time high, positioning itself as a leader in the fast-casual restaurant sector for 2024.

Portfolio Pulse from

November 13, 2024 | 7:15 pm

Cava reported strong Q3 results, leading to a significant increase in its stock price. Jefferies raised its price target for Cava from $117 to $195 and gave it a 'Buy' rating.

Portfolio Pulse from

November 13, 2024 | 5:45 pm

CAVA Group Inc (NYSE:CAVA) shares hit new highs following better-than-expected Q3 earnings and revenue, along with an increased full-year sales forecast.

Portfolio Pulse from

November 13, 2024 | 4:00 pm

Cava Group's stock surged to an all-time high following strong third-quarter earnings and an optimistic sales outlook for fiscal 2024. The company's shares rose by 17% after exceeding expectations.

Portfolio Pulse from

November 13, 2024 | 4:00 pm

Cava CEO Brett Schulman discussed the company's Q3 earnings, highlighting Cava as a category-defining brand. He also shared insights on the stock's recent surge and the company's growth outlook.

Portfolio Pulse from

November 13, 2024 | 2:30 pm

Cava Group Inc. has seen a significant rise in its stock price, with a 16% increase following better-than-expected earnings. However, analysts are cautious about the stock's quadrupling in 2024.

Portfolio Pulse from

November 13, 2024 | 1:15 pm

Cava (CAVA) has released its Q3 earnings report, providing insights into its performance for the quarter ended September 2024. The report includes key metrics that can be compared to Wall Street estimates and year-ago values.

Portfolio Pulse from

November 13, 2024 | 12:15 am

CAVA Group, Inc. held its Q3 2024 earnings conference call, discussing financial performance and company updates. Key participants included CEO Brett Schulman and CFO Tricia Tolivar, with analysts from major financial institutions attending.

Portfolio Pulse from

November 13, 2024 | 12:00 am

Cava Group (CAVA) reported Q3 earnings of $0.15 per share, surpassing the Zacks Consensus Estimate of $0.11 and last year's $0.06 per share.

Portfolio Pulse from

November 13, 2024 | 12:00 am

The article discusses Q3 earnings for young growth companies such as CAVA, CART, and SPOT, noting that the lower trading today is likely due to the fading of post-election euphoria.

Portfolio Pulse from

November 13, 2024 | 12:00 am

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