Cava Group issued an upbeat sales forecast for this year, as cautious customers shook off the effects of snowstorms and last year’s government shutdown to return to the Mediterranean fast-casual chain for bowls and salads.
The company’s shares CAVA jumped about 9% in extended trading Tuesday after it released its fourth-quarter earnings report.
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Cava says diners are doing better this year — and may be getting tired of chasing meal deals
Cava Group issued an upbeat sales forecast for this year, as cautious customers shook off the effects of snowstorms and last year’s government shutdown to return to the Mediterranean fast-casual chain for bowls and salads.
The company’s shares CAVA jumped about 9% in extended trading Tuesday after it released its fourth-quarter earnings report.