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How CAVA Defied The Economic Slump Without Desperate Promos
Benzinga77d 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