Cava Group (CAVA -4.72%), a fast-casual Mediterranean restaurant chain, announced its Q4 2024 earnings on February 25, 2025. The company reported strong revenue growth, rising 28.3% to $225.1 million from $177.2 million in the previous year, driven by a 21.2% increase in same restaurant sales growth.
Cava co-founder and CEO Brett Schulman joins 'Squawk Box' to discuss the company's quarterly earnings results, 2025 outlook, potential impact of tariffs, and more.
CAVA Group, Inc. (CAVA) Q4 2024 Earnings Call Transcript
While the top- and bottom-line numbers for Cava (CAVA) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cava Group (CAVA) came out with quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.02 per share a year ago.
Nick Setyan, Wedbush managing director, joins 'Closing Bell Overtime' to talk Q4 results and guidance.
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts' expectations, following what some analysts said was a high bar for a restaurant that has grown despite high food prices that have spooked consumers.
Caroline Woods notes Cava Group's (CAVA) strong year-over-year growth, but its valuation has ballooned despite its massive sell-off over recent days. She weighs whether "well-being conscience" consumers will be enough to restore well-being for price action.
Ahead of Cava Group (CAVA) reporting its latest quarterly figures, Rick Ducat examines technical resistance and support areas on the chart. Then, Tom White looks at a neutral to bullish example trading strategy using a short put vertical.
CAVA Group Inc (NYSE:CAVA) and Sweetgreen Inc (NYSE:SG) are slated to report fourth-quarter results after the close tomorrow and on Wednesday, Feb. 26, respectively.
CNBC's Julia Boorstin reports on CNBC's annual Changemakers list, which spotlights women whose accomplishments have left an indelible mark on the business world.
The market has been all over Cava Group (CAVA -9.00%) stock since it debuted as a public company in early 2023. It's up 122% over the past year, but it might be losing steam.