CAVA Group, Inc. (CAVA)

NYSE: CAVA · IEX Real-Time Price · USD
59.67
-1.83 (-2.98%)
At close: Apr 19, 2024, 4:00 PM
59.66
-0.01 (-0.02%)
After-hours: Apr 19, 2024, 7:59 PM EDT
-2.98%
Market Cap 6.78B
Revenue (ttm) 728.70M
Net Income (ttm) 13.28M
Shares Out 113.61M
EPS (ttm) 0.21
PE Ratio 284.14
Forward PE 256.06
Dividend n/a
Ex-Dividend Date n/a
Volume 1,654,629
Open 61.25
Previous Close 61.50
Day's Range 58.69 - 61.96
52-Week Range 29.05 - 71.60
Beta n/a
Analysts Buy
Price Target 61.25 (+2.65%)
Earnings Date May 6, 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]

Industry Restaurants
IPO Date Jun 15, 2023
Employees 8,460
Stock Exchange NYSE
Ticker Symbol CAVA
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for CAVA stock is "Buy." The 12-month stock price forecast is $61.25, which is an increase of 2.65% from the latest price.

Price Target
$61.25
(2.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

4 days ago - Fox Business

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...

17 days ago - Business Wire

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...

17 days ago - Accesswire

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.

Other symbols: DPZDRIEATPZZASBUXSTKS
23 days ago - CNBC Television

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...

4 weeks ago - Accesswire

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.

Other symbols: CMG
4 weeks ago - Invezz

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...

4 weeks ago - Accesswire

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.

4 weeks ago - Forbes

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...

Other symbols: PZZASBUXSGYUM
5 weeks ago - Yahoo Finance

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.

6 weeks ago - Schwab Network

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...

6 weeks ago - Business Wire

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.

6 weeks ago - Yahoo Finance

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...

7 weeks ago - Yahoo Finance

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...

7 weeks ago - Bloomberg Markets and Finance

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...

7 weeks ago - CNBC Television

Cava stock pops after blunder leads to early earnings release

The Mediterranean chain topped Wall Street's estimates for both its earnings and revenue.

7 weeks ago - CNBC

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 ...

7 weeks ago - Business Wire

Planting Hope Accelerates Foodservice Strategy and Profitability Drive with Two New Board Directors and Chief Financial Officer

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / February 8, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation compa...

2 months ago - Accesswire

CAVA to Announce Fourth Quarter and Full Year 2023 Financial Results on February 27, 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...

2 months ago - Business Wire

Planting Hope Announces Distribution of Hope and Sesame(R) Barista Blend Sesamemilk in Costco Warehouse Stores

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / February 6, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation compa...

2 months ago - Accesswire

Planting Hope Announces 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 / January 19, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTC...

3 months ago - Accesswire

Planting Hope Cancels Options Grants

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / January 12, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation compa...

3 months ago - Accesswire

Planting Hope Grants Stock Options

Planting Hope has granted stock options to certain directors, advisors, and employees Company ends previously announced private placement offering CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / December...

4 months ago - Accesswire

Cava upgraded by Wedbush: What you need to know

Wedbush upgraded Cava (CAVA) to ""outperform"" from ""neutral"" and raised the stock's price target to $48 from $35. Wedbush Securities Managing Director Nick Setyan joins Yahoo Finance to discuss his...

4 months ago - Yahoo Finance

CORRECTION: Planting Hope Adds Two Board of Directors Members

Corrected to reflect updated Gleeson biography and Helming resignation Planting Hope has added two new board members, Jessica Gleeson and Kevin Phelps. These changes add one new board seat, bringing t...

4 months ago - Accesswire