Reported about 5 hours ago
Jim Cramer recently discussed CAVA Group, Inc. (NYSE:CAVA) and highlighted that despite its potential as a restaurant chain, the company is facing challenges due to its $15 menu items. Cramer compared CAVA's pricing strategy with competitors and noted that higher prices may deter consumers, which has contributed to poor sales and a revision of the company's same-store sales guidance.
Source: YAHOO