Reported 2 months ago
CAVA Group, Inc. has experienced a remarkable 110.1% increase in stock price in 2024, surpassing the $90 mark for the first time in 30 days. The Mediterranean restaurant chain has grown to 323 outlets and reported significant earnings and revenue growth, driven by the opening of 86 new locations and a rise in menu prices. Investors are optimistic about the company's expansion strategy and upcoming quarterly results.
Source: YAHOO