Cava stock rises on Q2 earnings, same-store sales

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 48 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 63%

Source Sales ニュース

Sales Growth,Earnings Per Share,Sweet Green

Shares of Cava Group (CAVA) are rising after the closing bell on Thursday after the company posted its second quarter results, with a revenue of $233.5...

) are rising after the closing bell on Thursday after the company posted its second quarter results, with a revenue of $233.5 million, including $2.1 million of revenue from other sources, against an expected $219.5 million. In addition, the company saw a second quarter same store sales growth of 14.4% veresus, almost double the estimated 7.45%.And Brooke de Palma is here with the details.

Uh Kava jumped as much as 9% even more than 9% in after hours trading after the company beat across all key metrics.Let's take a deeper dive revenue coming in at 200 and 31.4 million and just at earnings per share coming at 17 cents and same source sales, double of what Wall Street expected up 14.4% year over year.They're alluding those that same source sales growth to higher foot traffic up 9.5% unit growth.

So as you look at the relative pricing difference between Sweet Green, some of our fast casual competitors and then Qsr, the, the gap has really narrowed.And that's exactly what we're seeing here.It's not just price anymore, it's also this experience for them and that's certainly playing off well for fast casual change this quarter.

STATEMENT FROM DENNIS DARBY, PRESIDENT & CEO, CANADIAN MANUFACTURERS & EXPORTERS FOLLOWING THE FEDERAL INTERVENTION TO RESTART RAIL SERVICES

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Cava reports juicy earnings as steak launch, sales growth pushes stock to all-time highCava seems to be in the sweet spot of fast casual dining following its Q2 earnings report.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »