Cava Group Achieves Record High Stock Prices Following Impressive Q2 Results
In a remarkable turn of events for the Mediterranean fast-casual dining industry, Cava Group has reported a significant increase in traffic and profitability for the fiscal second quarter. The company announced a 9.5% rise in customer traffic, a surprising feat that stands in stark contrast to the prevailing trends in the industry. This surge in performance has led to a notable spike in Cava’s stock prices, reaching an all-time high. Investors reacted positively to the news, sending shares...