The fast-casual Mediterranean food chain has an eye on becoming the next Chipotle. Cava Group (CAVA 2.66%) is finishing up a terrific first year on the stock market. The fast-casual restaurant chain, which serves Mediterranean fare, has soared in value by more than 100% since it went public in June 2023, and recently set a new all-time high after reporting first-quarter earnings. It is adding locations at a rapid pace and just achieved profitability. Many investors think Cava could be the next Chipotle Mexi ...

Direct ownership vs. franchising Let's take a look. Analyzing Cava's rapid market expansion Growth stocks can soar to ridiculous heights in their early days. When the business is all about expansion and building a long-term force of loyal customers, profits are often weak or even negative. At this point, valuation is all about high-octane business growth and the promise of generous profits at some point in the distant future. Cava certainly fits this profile. The company has been around since 2010 but joine ...

The stock market might be at an all-time high, but that doesn't mean there aren't bargains to be found. Many great companies have stocks that are on sale right now and ripe for the picking. This is especially true of share prices that are down despite companies posting strong financial results and either maintaining or raising their forward guidance. Despite strong results and a bullish outlook, some stocks are down because of macroeconomic conditions beyond their control. But that's what makes them great l ...

Year over year, CPI jumped 3.4%, in line with the estimates. Core CPI, which excludes the volatile food and energy prices, rose 3.6% in April on a year-over-year basis and 0.3% sequentially, both in line with estimates. The core year-over-year CPI reading is the lowest since April 2021, while the month-over-month figure increased at its slowest pace since December. The Commerce Department reported that sales at U.S. food and drinking places totaled $94.3 billion in April, up 5.5% year over year. Sales from ...

CAVA Group, Inc. (CAVA) reported fiscal first-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate for the fourth straight time. Thanks to CAVA Group's versatile Mediterranean concept and strong economic model, the company achieved its fourth straight quarter of net income and, for the first time, positive free cash flow. The company's results also benefited from robust same restaurant sales. Earnings & Revenues Discussion The company reported adjusted earnings per ...

CAVA Group, Inc. (NYSE:CAVA) Q1 2024 Earnings Conference Call May 28, 2024 5:00 PM ET Company Participants Matt Milanovich - Head of IR Brett Schulman - Co-Founder and CEO Tricia Tolivar - CFO Conference Call Participants Chris O'Cull - Stifel Andrew Charles - TD Cowen David Tarantino - Baird Sharon Zackfia - William Blair John Ivankoe - JPMorgan Ivan Yu - Jefferies Brian Harbour - Morgan Stanley Jon Tower - Citigroup Jeffrey Bernstein - Barclays Brian Mullan - Piper Sandler Maggie Juarez - Raymond James Op ...

| --- | --- | --- | |---------------------------------------------|------------------------------|-----------------------------| | ($ in thousands) \nLand | April 21, 2024 \n 600 $ | December 31, 2023 \n 600 | | Building | 24,149 | — | | Leasehold improvements | 282,620 | 268,245 | | Equipment | 95,214 | 78,760 | | Furniture and fixtures | 19,979 | 19,694 | | Computer hardware and software | 48,989 | 46,437 | | Vehicles | 508 | 508 | | Construction in progress | 30,863 | 58,501 | | Total property and equipm ...

财务表现 - CAVA 第一季度 2024 年度营收增长 30.3%，达到 2.563 亿美元[1] - CAVA 新开 14 家餐厅，总计 323 家，同比增长 22.8%[1] - CAVA 同店销售增长 2.3%[1] - CAVA 餐厅利润率为 25.2%[1] - CAVA 数字营收占比为 37.0%[1] - CAVA 集团净收入为 1,400 万美元，同比增长[1] - CAVA 集团调整后 EBITDA 达到 3,330 万美元，同比增长[1] - CAVA集团2024年第一季度营收为259,006千美元，较去年同期增长27.5%[14] - CAVA品牌的餐厅运营费用为191,674千美元，占营收的74.8%[15] - CAVA餐厅利润为64,616千美元，利润率为25.2%[17] - CAVA在2024年第一季度新增14家餐厅，期末共有323家餐厅[17] - CAVA的净现金流为4,699千美元[21] 业务展望 - CAVA 集团提高了 2024 财年指引，包括新开餐厅数量、同店销售增长、利润率和调整后 EBITDA[6] - CAVA 集团将于 2024 年 5 月 28 日举行电话会议，讨论第一季度财报和业务更新[8]

核心观点 - 地中海快餐连锁Cava集团即将公布第一季度财报 股价在业绩发布前创历史新高 2024年迄今涨幅超过94% [1][8] - Stifel将目标价从66美元上调至90美元 维持买入评级 预计财报将展示有机飞轮效应和强劲同店销售增长 [1][2] - 尽管行业面临快餐流量下滑和同店销售增长放缓压力 Cava通过产品吸引力和客群转换实现逆势增长 [3][4][5] 财务表现 - 预计每股收益从去年亏损2美分改善至盈利5美分 收入增长21%至2.46亿美元 [6] - 过去三个季度平均盈利增长152.7% 但近两个季度增长势头有所放缓 [7] - 同店销售增长预计连续第四个季度放缓至1.6% 显著低于第四季度的11.4% [6] 市场表现 - 股价周二盘中创86.40美元历史新高 当日微涨0.7%至83.50美元 [8] - 2024年以来股价累计上涨94% 四月突破趋势线后延续涨势 [8] - 被列入IBD Leaderboard名单 显示其市场表现受到专业机构认可 [8] 行业环境 - 美国快餐流量2024年首三个月同比下降3.5% 反映预算紧张消费者减少外出就餐 [3] - 星巴克北美地区第二季度可比交易下降7% 麦当劳等主要连锁品牌同店销售增长普遍放缓 [4] - Cava于一月全国范围菜单提价约3% 以抵消原料通胀压力 [3] 公司战略 - 通过产品吸引力和品牌认知度提升 实现消费者使用率增长 [2] - 受益于全服务餐厅消费者转向快餐休闲的消费降级趋势 [4] - 持续门店开设成为重要收入驱动因素 [6] - 与Wingstop、德州 Roadhouse等品牌共同成为逆势增长的餐饮股 [5]

Let's take a look at what these Wall Street heavyweights have to say about Cava Group (CAVA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Cava currently has an average brokerage recommendation (ABR) of 1.61, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 14 brokerage firms. An ABR of 1.61 approximates between Strong Buy and Buy. Of the 14 recommendations that derive the ...