CAVA Group, Inc. (CAVA)
| Market Cap | 8.71B |
| Revenue (ttm) | 728.70M |
| Net Income (ttm) | 13.28M |
| Shares Out | 114.01M |
| EPS (ttm) | 0.21 |
| PE Ratio | 363.76 |
| Forward PE | 319.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,451,306 |
| Open | 79.09 |
| Previous Close | 79.07 |
| Day's Range | 75.00 - 79.09 |
| 52-Week Range | 29.05 - 80.34 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 61.25 (-19.82%) |
| Earnings Date | May 28, 2024 |
About CAVA
CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc. was founded in 2006 and is headquartered in Washington, the District of Columbia. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for CAVA stock is "Buy." The 12-month stock price forecast is $61.25, which is a decrease of -19.82% from the latest price.
News
Fast-Casual Restaurants Want to Be the Next Chipotle. These 3 Stand Out.
Shake Shack, Sweetgreen, and Cava Group are opening dozens of restaurants and using technology to become more efficient.
CAVA to Announce First Quarter 2024 Financial Results on May 28, 2024
WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference cal...
Cava producer Freixenet reaches deal with unions over drought measures
Spanish cava producer Freixenet said on Saturday it has reached a deal with unions over its proposal to introduce a "short-time work scheme" for nearly 80% of its workforce due to a drought.
Planting Hope (MYLK) Announces Receipt of Management Cease Trade Order (MTCO)
CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / May 2, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope " or the "Company") is pleased to announce that, further to ...
Planting Hope (MYLK) Announces Debt Reorganization and Update to Private Placement
Not for distribution to U.S. news wire services or dissemination in the United States. CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / April 26, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MY...
Here's why CAVA Group stock price is going vertical
CAVA Group (NYSE: CAVA) stock price just gone vertical and is slowly approaching its all-time high after the spectacular Chipotle Mexican Grill (CMG) earnings. It jumped to a high of $70, a few points...
The Planting Hope Company Inc. Announces Application for Voluntary MCTO
CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / April 26, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope " or the "Company") announces that it has proactively app...
CAVA Enters the Midwest with its First Chicago Restaurant
CHICAGO--(BUSINESS WIRE)--CAVA (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand, today announced the opening of its first restaurant in the Chicago area, marking the comp...
Cava, Wawa among the fastest-growing brands: Yelp
Cava and Wawa are among the companies that topped Yelp's list of the fastest-growing brands in the nation based off net new locations and consumer interest.
CAVA Launches Its First Nationwide Search for the Best Guest Custom Bowl
WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, today announced a nationwide search for guests' best custom bowls. To compete in the company's firs...
Planting Hope (MYLK) Announces New Private Placement and Signs Memo of Understanding for Equity Investment and Credit Facility
Not for distribution to U.S. news wire services or dissemination in the United States CHICAGO, IL AND VANCOUVER, BC / ACCESSWIRE / April 2, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLK...
How a consumer pullback is hitting restaurant stocks
Nick Setyan, Wedbush, joins 'Fast Money' to discuss what's next for the restaurant industry as some consumers are pulling back on dining out.
Planting Hope Announces Extension of Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / March 22, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(FRA:J...
Cava Group stock price analysis: is this the next Chipotle?
Cava Group (NASDAQ: CAVA) stock price is thriving a few months after going public. It traded at about $43 on its first trading day, then peaked to $57, and crashed to $31 as the momentum faded.
Planting Hope Engages Independent Trading Group as Market Maker
CHICAGO, IL AND VANCOUVER, BC / ACCESSWIRE / March 19, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company...
8 Fast-Casual Tips Retailers Can Take Away From Cava's Growth Strategy
Price and promotion might be the key proteins of retail operations, but make no mistake, there's a lot to be learned from what's inside a $13 pita wrap. The fast-casual chain Cava Group offers proof.
Food analyst explains ‘momentum' behind fast-casual dining stocks
As consumers become increasingly cost-conscious and look to limit their spending on dining out, fast-casual dining chains like Chipotle (CMG) continue to record robust performance. Citi Director and R...
Cava (CAVA) CFO on Trends in Fast Casual Dining
Cava (CAVA) CFO Tricia Tolivar joins Nicole Petallides to discuss consumer trends in the fast casual space. She also talks about Cava's success as a company.
CAVA to Participate in J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum
WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it wi...
2023 IPOs: Why Cava is a hidden gem
2023 saw over 150 initial public offerings (IPOs) hit the stock exchange. Many of those IPOs have had a rocky tenure so far, but others may be worthy of inclusion in investors' portfolios.
CAVA CEO on earnings: Results the power of unique Mediterranean cuisine where taste and health unite
Cava (CAVA) CEO Brett Schulman joins Yahoo Finance Live to discuss the Mediterranean fast-casual chain's extensive growth plans, including 48 to 52 new locations in 2024 on the way to 1,000 by 2032. S...
No Plans For Price Increases, Says Cava CEO
Cava Co-Founder and CEO, Brett Schulman, discusses performance as the company beats estimates, and says there is no incremental price increase plan to address California's minimum wage being increased...
Cava CEO on Q4 results: An example of the power of our 'category-defining' brand
Brett Schulman, Cava CEO, joins 'Money Movers' to discuss what is driving the company's quarterly earnings results, the pace of same store sales growth slowing, and how the company's expansion plans h...
Cava stock pops after blunder leads to early earnings release
The Mediterranean chain topped Wall Street's estimates for both its earnings and revenue.
CAVA Group Reports Fourth Quarter and Full Year Fiscal 2023 Results
WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA) (“CAVA Group” or the “Company”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to ...