Cava is riding a strong wave, but the stock’s quadrupling in 2024 has analysts wary

Date:

November 13, 2024

Cava Group Inc., the Mediterranean-focused fast-casual restaurant chain, is riding a strong wave that shows no sign of cresting with its latest earnings beating Wall Street estimates on every metric, sending the stock up 16% early Wednesday.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Cava is riding a strong wave, but the stock’s quadrupling in 2024 has analysts wary

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