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0 0 0.00740840517241375 0.00875538793103437 0 0.00619612068965509 0.00619612068965509 0.00619612068965509
Stock impact report

Cava Group (CAVA) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily gain of 0.13%. Elsewhere, the Dow gained 0.08%, while the tech-heavy Nasdaq lost 0.1%. Coming into today, shares of the Mediterranean restaurant chain had gained 14.43% in the past month. In that same time, the Retail-Wholesale sector gained 0.98%, while the S&P 500 lost 0.35%. Analysts and investors alike will be keeping a close eye on the performance of Cava Group in its upcoming earnings disclosure. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.25 per share and revenue of $874 million, indicating changes of +19.05% and +19.94%, respectively, compared to the previous year. It's also important for investors to be aware of any recent modifications to analyst estimates for Cava Group. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook. Empirical research i Show less Read more
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