Page 3 - Cava Group News Today

Cava cleared estimates and lifted its outlook on key metrics for its Q1 report Tuesday. But CAVA stock falls as traffic eases.

CAVA earnings call for the period ending March 31, 2024.

Operator: Good afternoon, ladies and gentlemen, and welcome to CAVAs First Quarter 2024 Financial Results Conference call. At this time, all lines are in a listen-only mode.

CAVA Group Inc (NYSE:CAVA) shares are trading lower Wednesday on the heels of the company's first-quarter financial results. Cava reported the same restaurant sales growth of 2.3%. The company said it opened 14 new restaurants during the quarter, bringing total locations up to 323, up 22.3% year-over-year.

CAVA Group (NYSE:CAVA – Get Free Report) released its quarterly earnings data on Tuesday. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.08, Briefing.com reports. CAVA Group had a net margin of 1.82% and a return on equity of 4.28%. The firm had revenue of $259.01 […]

Jim Cramer on Wednesday offered his quick-hit thoughts on 6 stocks outside the CNBC Investing Club portfolio.

CAVA Group turned in better-than-expected earnings results for the first quarter late Tuesday.

Experience robust growth with CAVA Group Q1 revenue surges 30.3% YoY, surpassing estimates. Wedbush maintaining an Outperform rating.

Dow Jones futures: The stock market fell even with Nvidia on the cusp of a new milestone. Salesforce plunged late on weak sales and guidance.