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Cava Stock Leaps As Growth Returns; Chili's Parent Brinker Misses But Outlook Crispy
Investor's Business Daily20h agobearish
Cava Stock Leaps As Growth Returns; Chili's Parent Brinker Misses But Outlook Crispy

Chili's parent Brinker International undershot fiscal Q4 earnings forecasts early Wednesday, but EAT stock rose on the strength of its 2027 outlook. Cava Group shares surged after the Mediterranean fast-casual chain topped Q2 forecasts and said trends have firmed up after a slow start to the quarter amid public concerns related to the Cyclospora outbreak involving Yum! Brands' Taco Bell.

How CAVA Defied The Economic Slump Without Desperate Promos
Benzinga84d agobearish
How CAVA Defied The Economic Slump Without Desperate Promos

Mediterranean fast-casual restaurant chain CAVA Group, Inc. (NYSE:CAVA) stock traded higher in premarket action Wednesday after the company reported first-quarter results that topped Wall Street expectations and raised its full-year outlook. First-Quarter Results Beat Estimates The company reported first-quarter revenue of $438.27 million, surpassing the analyst consensus estimate of $411.25 million. Adjusted earnings came in at 20 cents per share, above analysts' expectations of 17 cents per sh