Cava stock pops after blunder leads to early earnings release
Publishing timestamp: 2024-02-27 11:49:06
Summary
Cava released its fourth-quarter earnings report early, topping Wall Street's estimates for earnings and revenue. The Mediterranean chain's stock rose 7% after reporting strong same-store sales growth and plans to open new locations in 2024.
Sentiment: POSITIVE
Tickers: CAVA,
Keywords: restaurants, earnings, business news, markets, business, lifestyle, cava group inc, breaking news: business, retail industry, breaking news: markets,
Source: https://www.cnbc.com/2024/02/27/cava-stock-pops-after-blunder-leads-to-early-earnings-release.html