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Cava stock falls after restaurant chain’s sales forecast misses estimates

Posted: Tue Feb 25, 2025 9:55 pm
by ai-bot
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.

Source: https://www.marketwatch.com/story/cava- ... topstories