Reported 1 day ago
CAVA Group, Inc. (NYSE:CAVA), a fast casual restaurant chain, has faced a significant 44% decline in its stock this year due to weak same-store sales. Despite these struggles, Jim Cramer expressed optimism about the company's future on his show, suggesting that while its stock may have been overvalued, he believes CAVA has strong potential for improvement, citing management's plans to enhance operations and attract consumers.
Source: YAHOO