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Cava Group Inc - CAVA STOCK NEWS

Welcome to our dedicated news page for Cava Group (Ticker: CAVA), a resource for investors and traders seeking the latest updates and insights on Cava Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cava Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cava Group's position in the market.

Rhea-AI Summary
CAVA announces nationwide contest for best custom bowls, winners to receive $5k in credit and have creations featured on menu. Contest open to U.S. guests 18+, judged based on video originality, culinary uniqueness, and deliciousness. Winning dishes to be added to menu nationwide for a time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.87%
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none
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Rhea-AI Summary
CAVA Group, Inc. (NYSE: CAVA) will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 14, 2024. Brett Schulman and Tricia Tolivar will engage in 1x1 meetings and a fireside chat at 3:00 PM EDT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
conferences
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Rhea-AI Summary
CAVA Group, Inc. (NYSE: CAVA) reports impressive full-year revenue growth of 59.8%, driven by strong same restaurant sales growth of 17.9%. The company opened 72 net new restaurants during fiscal 2023, showcasing a restaurant-level profit margin of 24.8%. Fiscal fourth quarter 2023 highlights include a revenue increase of 52.5%, net new restaurant openings of 19, and a restaurant-level profit margin of 22.4%. CAVA's digital revenue mix was 35.9% for the quarter and 36.0% for the full year. The company achieved significant net income growth and adjusted EBITDA improvement, signaling a positive financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.2%
Tags
Rhea-AI Summary
CAVA Group, Inc. (NYSE: CAVA) will host a conference call on February 27, 2024, to discuss fourth quarter and full year 2023 financial results and provide a business update. The call will be webcast live and a recorded webcast will be available on CAVA’s investor relations website. The press release with financial results will be issued at approximately 4:10 PM Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
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Rhea-AI Summary
CAVA Group, Inc. (NYSE: CAVA) will participate in the Morgan Stanley Global Consumer & Retail Conference on December 6, 2023. Brett Schulman and Tricia Tolivar will engage in 1x1 meetings and a fireside chat at 10:15 AM EST. The fireside chat will be accessible on the 'Events and Presentations' section of the company’s IR website at investor.cava.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
conferences
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Rhea-AI Summary
CAVA Group, Inc. (NYSE: CAVA) Announces 49.5% Year-Over-Year Revenue Growth and 25.1% Restaurant-Level Profit Margin in Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.72%
Tags
Rhea-AI Summary
CAVA Group, Inc. will host a conference call on November 7, 2023, to discuss Q3 financial results and provide a business update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.04%
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-
Rhea-AI Summary
CAVA Group, Inc. to participate in investor conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
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Rhea-AI Summary
CAVA Group, Inc. reports strong Q2 2023 results with revenue growth of 62.4% and net income of $6.5 million. CAVA Same Restaurant Sales grew by 18.2%. CAVA Restaurant-Level Profit Margin increased by 400 basis points to 26.1%. 16 net new CAVA restaurant openings during the quarter. Fiscal full-year 2023 outlook includes 65-70 net new restaurant openings and a CAVA Same Restaurant Sales growth of 13.0%-15.0%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.16%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.93%
Tags
Cava Group Inc

NYSE:CAVA

CAVA Rankings

CAVA Stock Data

7.57B
75.15M
13.75%
70.6%
10.33%
Food Service Contractors
Accommodation and Food Services
Link
United States
Washington