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Stock impact report

Cava Group (CAVA) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
Meanwhile, the Dow gained 0.88%, and the Nasdaq, a tech-heavy index, added 1.4%. Heading into today, shares of the Mediterranean restaurant chain had gained 24.9% over the past month, outpacing the Retail-Wholesale sector's gain of 2.37% and the S&P 500's gain of 2.46% in that time. The investment community will be closely monitoring the performance of Cava Group in its forthcoming earnings report. The company is scheduled to release its earnings on May 28, 2024. For the annual period, the Zacks Consensus Estimates anticipate earnings of $0.25 per share and a revenue of $874 million, signifying shifts of +19.05% and +19.94%, respectively, from the last year. Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Cava Group. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outl Show less Read more
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