These Analysts Increase Their Forecasts On Cava Group After Strong Earnings

CAVA Group, Inc. (NYSE:CAVA) reported better-than-expected second-quarter financial results on Thursday. Cava Group reported quarterly earnings of 17 cents per share which beat the analyst consensus estimate of 12 cents by 41.67%. Quarterly sales clocked in at $233.495 million, beating the analyst consensus estimate by 7% and representing a 35.05% increase from the same period last year. "Our results in the second quarter continued to demonstrate the strength of our category-defining brand and our unique and compelling value proposition," said Brett Schulman, Cava Group's ...