Reported 2 days ago
Cava Group's stock has dropped nearly 40% this year following a significant slowdown in same-store sales growth, reporting just 2.1% compared to the expected 6.1%. Despite these challenges, Cava continues to expand its restaurant locations and has plans for more menu innovations. While long-term growth potential remains, investors are left questioning whether the current dip represents a buying opportunity or a sign to avoid the stock.
Source: YAHOO