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Cava cuts sales Outlook and its stock tumbles

Cava cuts sales outlook and its stock tumbles as CEO says consumers are navigating a ‘fog’

Shares of Cava Group tumbled late Tuesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store sales outlook.

Investopedia on MSN · 2d

CAVA Group Stock Tumbles as Chain's Same-Restaurant Sales Come Up Short

CAVA Group's same-restaurant sales came in well short of estimates as diners pulled back on spending. The Mediterranean-themed fast-casual chain also missed revenue forecasts and slashed its same-restaurant sales growth outlook.

The Wall Street Journal on MSN · 2d

Cava Cuts Outlook on Weak Second Quarter as Consumers Face ‘Fog and Uncertainty’

The Mediterranean fast casual restaurant reported same-restaurant sales growth of 2.1%, well below analysts’ expectations of 6.1%.

2don MSN

Cava Group restaurant sales are up, but the stock is tanking. Steak lovers might be part of the reason why

The launch of steak last year proved so popular that it created tough growth comparisons, but the macro environment is also ...

Cava, Chipotle and other fast-casual restaurant chains are finally hit by consumer slowdown

Generally, fast-casual diners are higher income and more likely to have white-collar jobs. However, Chipotle CEO Scott ...

1don MSN

Veteran trader reviews Cava Group earnings and has a sharp take

While "disappointed" by Cava's Q2 same-restaurant sales growth of 2.1%, Stifel analyst Chris O'Cull said that doesn't justify ...

Why Fed Rate Cuts Should Reverse CAVA Group's 24% Crash - Buy

CAVA Group, Inc. stock dips 24%, but long-term growth potential remains strong. Click for my look at CAVA Q2 earnings and why ...

CAVA Group: Back-to-Back Uncertainty Weighs On The Stock

CAVA Group's stock has been sliding for over 180 days after a Phase 2 misalignment in its weekly cycle, signaling more ...

Mediterranean Dip: Cava Stock Heads for Biggest Fall on Record

Cava stock tumbled in off-hours trading, after the Mediterranean fast-casual restaurant chain reported weaker-than-expected ...

2don MSN

What analysts are saying about CAVA after its post-earnings collapse

CAVA Group's Q2 results show slowed same-restaurant sales but highlight new store growth and innovation. Analysts weigh in on ...

Why CAVA Group Stock Is Falling Today

CAVA stock fell after quarterly sales missed expectations, though analysts highlighted strong store growth, profitability, ...

QSR magazine9d

CAVA Turns Up the Heat with Hot Harissa Meal and Collectible Plushies

CAVA, the category-defining Mediterranean fast-casual restaurant brand, is stepping into the world of blind-bag plushies.