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Restaurant-level operating profit was up 42% in the quarter, and restaurant-level operating margin was 25.6%, up from 25.1% last year. ... Before you buy stock in Cava Group, consider this: ...
Cava Group (NYSE: CAVA) was one of the hottest restaurant stocks to own last year. In 2024, the stock soared by an incredible 162% as investors were thrilled with the company's impressive results.
Cava's restaurant-level profit margins are 26.5%, which should translate to at least 10% to 15% consolidated profit margins when including overhead costs once the company stops pushing for growth ...
Late in the year, Cava stock was up 251%. Now 2024 is in the rearview mirror and Cava is looking at 2025 in the windshield. ... it expects restaurant-level profit margin to hold steady in 2025 ...
Cava's restaurant-level profit margin was even better than Chipotle's in Q3, at 25.6% versus the burrito roller at 25.5%. In other words, Cava looks to be well on its way to earning Chipotle-like ...
The fast-casual Mediterranean restaurant chain trades at an elevated valuation in a highly competitive industry.
Image source: Cava. Why the stock has pulled back. Cava initially jumped on its third-quarter earnings report, but the stock fell soon after that, and is now down 24% from that peak.
Cava Group (NYSE: CAVA) is one of the hottest restaurant growth stocks to come along in a while. The company has delivered impressive growth, which has sent the shares up 243% year to date at the ...
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