
Cava’s Stock Slumps: Sales Forecast Misses Estimates, Leaving Investors Disappointed
Cava Group Inc.: A Disappointing Forecast and Its Implications On Tuesday, after the market closed, shares of Cava Group Inc. (CAVA) experienced a decline following the Mediterranean fast-casual chain’s announcement of a full-year same-store sales forecast that fell short of analysts’ expectations. This news came as a surprise, given the restaurant’s continued growth in a…