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Q1 2025 Management View CEO Brett Schulman stated that "we continued to demonstrate the strength of our category-defining brand, further cementing Mediterranean as the next major cultural cuisine ...
Overall, Cava has all the ingredients of a highly successful emerging restaurant stock, with strong same-store sales, robust RLMs, attractive average unit volumes, and a long runway for expansion. As ...
Cava had advanced purchases for its kitchen equipment and store fixtures for these new outlets, so its capital expenditure ...
But it’s not just the food—Cava’s pricing strategy has also played a crucial role, she said. While the Consumer Price Index rose about 23% from the end of 2019 through 2024, Cava’s prices ...
Bucking first-quarter trends, the fast-casual chain reported same-store sales up 10.8%, including a 7.5% increase in traffic.
Cava Group's sales rose in the first quarter, defying the consumer malaise that rivals have blamed for a slowdown in restaurant visits. Sales at established restaurants grew 10.8% in the three ...
CAVA reported $328.5 million in revenue ... Margin discipline remains a priority, and the company sees resilience in consumer demand across regions and income levels. Management remains confident ...
May 15 (Reuters) - Cava Group (CAVA.N), opens new tab beat estimates for first-quarter revenue on Thursday, helped by robust demand for its Mediterranean cuisine despite a broader slowdown in ...
(Reuters) - Cava Group (CAVA) stock fell over 3% in premarket trading on Friday after beating estimates for first-quarter revenue. Helped by robust demand for its Mediterranean cuisine despite a ...