NYSE:CAVAHospitality
What CAVA Group (CAVA)'s Lowered 2025 Sales Growth Outlook Means For Shareholders
CAVA Group recently lowered its full-year 2025 same-restaurant sales growth guidance and reported second-quarter results showing sales of US$280.62 million and net income of US$18.37 million, both reflecting a slowdown compared to the previous year.
This guidance revision and earnings miss were attributed by management to a challenging macroeconomic environment and diminished consumer spending, with analyst commentary pointing to high pricing as a contributing factor.
We'll now explore how...