CAVA has been in the news 886% more than usual
Aug 15, 2025, 12:33 AM
-4.37%
What does CAVA do
Cava Group, based in Washington, D.C., operates approximately 309 fast-casual CAVA restaurants serving Mediterranean cuisine and went public on June 15, 2023. The menu caters to various dietary preferences and offers customizable options.
CAVA has been in the news recently: Cava Group's shares fell 23.6% after reporting second-quarter revenue of $280.6 million, which missed expectations despite earnings per share exceeding estimates. The company earned 16 cents per share, surpassing the projected 13 cents.
📡️ Consumer Discretionary
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