CAVA Group, Inc.

CAVA

US1489291021

Restaurants & Bars

Market Closed - Nyse Other stock markets 04:00:02 2024-06-03 pm EDT			5-day change	1st Jan Change
88 ^USD	-4.92%		+6.11%	+104.75%

01:20pm	JPMorgan Downgrades CAVA to Neutral Rating With $77 Price Target	MT
May. 30	Transcript : CAVA Group, Inc. Presents at Bernstein?s 40th Annual Strategic Decisions Conference, May-30-2024 02:30 PM

CAVA Group, Inc. Provides Earnings Guidance for the Year 2023

August 15, 2023 at 04:10 pm EDT

CAVA Group, Inc. provided earnings guidance for the year 2023. For the year 2023, the company expects company same restaurant sales growth of 13.0% to 15.0%. Restaurant-Level Profit Margin of at least 23.0%.

Latest news about CAVA Group, Inc.

JPMorgan Downgrades CAVA to Neutral Rating With $77 Price Target	07:20am	MT
Transcript : CAVA Group, Inc. Presents at Bernstein?s 40th Annual Strategic Decisions Conference, May-30-2024 02:30 PM	May. 30
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Thursday; Salesforce, AST SpaceMobile to Decline	May. 30	MT
Brett Schulman, CEO of CAVA Group : 30.7% growth over two years	May. 29	MT
Barclays Raises Price Target on CAVA Group to $72 From $58, Maintains Equalweight Rating	May. 29	MT
Jefferies Adjusts CAVA Group Price Target to $94 From $72, Maintains Buy Rating	May. 29	MT
CAVA Group's Strong Fiscal Q1, Guidance Boost Underpin 'Positive Near-term Catalyst Path,' Morgan Stanley Says	May. 29	MT
Wedbush Raises Price Target on CAVA Group to $90 From $74 After 'Solid' Q1 Results, Maintains Outperform Rating	May. 29	MT
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Wednesday After Fed Speaker's Hawkish Comments	May. 29	MT
JPMorgan Adjusts Price Target on CAVA to $77 From $64	May. 29	MT
Citigroup Adjusts Price Target on CAVA Group to $87 From $81, Maintains Neutral Rating	May. 29	MT
Loop Capital Adjusts Price Target on CAVA Group to $80 From $53, Maintains Hold Rating	May. 29	MT
Baird Adjusts Price Target on CAVA Group to $92 From $90, Maintains Outperform Rating	May. 29	MT
TD Cowen Adjusts Price Target on CAVA Group to $90 From $73, Maintains Buy Rating	May. 29	MT
Morgan Stanley Boosts Price Target on CAVA Group to $85 From $68, Notes Raised Fiscal-Year Guidance; Overweight Kept	May. 29	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Pre-Bell Wednesday; CAVA Group, Hims & Hers Health to Decline	May. 29	MT
Wedbush Raises Price Target on CAVA Group to $90 From $74 After 'Solid' Q1 Results, Maintains Outperform Rating	May. 29	MT
CAVA Group Swings to Earnings in Fiscal Q1 as Sales Jump	May. 29	MT
News Highlights : Top Company News of the Day - Tuesday at 11 PM ET	May. 28	DJ
News Highlights : Top Company News of the Day - Tuesday at 9 PM ET	May. 28	DJ
News Highlights : Top Company News of the Day - Tuesday at 7 PM ET	May. 28	DJ
CAVA Group Lifts Net New Restaurant Openings Guidance to 50 to 54 From Prior Forecast of 48 to 52 in Full-Year 2024	May. 28	MT
CAVA Group Swings to Earnings in Fiscal Q1 as Sales Jump	May. 28	MT
Transcript : CAVA Group, Inc., Q1 2024 Earnings Call, May 28, 2024	May. 28
CAVA Group Guides For FY 2024 Same Restaurant Sales Growth of 3%-5%, vs CIQ Analyst Consensus of 4.5%	May. 28	MT

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Company Profile

CAVA Group, Inc. operates a category-defining Mediterranean fast-casual restaurant brand. The Company operates approximately 309 fast-casual CAVA restaurants in 24 states and Washington, D.C. The number of CAVA restaurants excludes two locations operating under a licensing arrangement and digital kitchens. Its Mediterranean cuisine unites taste and health, with a menu that features chef-crated and customizable bowls and pitas. Its dips, spreads, and dressings are centrally produced and sold in grocery stores. Its menu fulfills a range of dietary preferences, from hearty and indulgent to vegan, vegetarian, gluten-free, dairy-free, paleo, keto, and nut-free diets. The Company's guests can choose a chef-curated meal or a build-your-own-bowl or pita using its 38 ingredients with over 17.4 billion combinations. It has developed multi-channel access to in-restaurant dining, digital pick-up, drive-thru pick-up in select restaurants, delivery, catering, and consumer packaged goods offerings.

Sector

Restaurants & Bars

Calendar

2024-06-03 - William Blair Growth Stock Conference

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Analysis / Opinion

Brett Schulman, CEO of CAVA Group : 30.7% growth over two years

May 29, 2024 at 05:25 pm EDT

CAVA Group, Inc. : The future of fast food?

May 02, 2024 at 10:24 am EDT

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Ratings for CAVA Group, Inc.

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

92.55 USD

Average target price

86.2 USD

Spread / Average Target

-6.86%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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Other Restaurants & Bars

CAVA Group, Inc.

Equities

CAVA

US1489291021

Restaurants & Bars

CAVA Group, Inc. Provides Earnings Guidance for the Year 2023

EPS Revisions