This restaurant chain went public last year. Today, 8 analysts initiated coverage. $2.5 billion is sales per average unit. Shares jumped 11% today.
CAVA Group is a American stock, trading under the symbol CAVA-N on the New York Stock Exchange (CAVA). It is usually referred to as NYSE:CAVA or CAVA-N
In the last year, 2 stock analysts published opinions about CAVA-N. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CAVA Group.
CAVA Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for CAVA Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of CAVA Group published on Stockchase.
On 2023-12-01, CAVA Group (CAVA-N) stock closed at a price of $36.22.
Was upgraded today. Any consumer weakness is already baked into the stock. They reported last August 27% revenue growth, down only 1% from the previous quarter, and same-store sales growth of 18.2%. Their average unit (location) volume rose, too, and their profit margin rose 26.1%. Offered a full-year forecast that was mixed with same-store sales growth of 13-15% and profit margins of 23%, slower than the first half of this year. But EBITDA was encouraging. Maybe they're lowballing investors. They report next Tuesday. But don't anything until the lock-up period on insider selling expires in 6 weeks.