NYSE:CAVAHospitality
CAVA Glazed Salmon And Drive Thru Push Test High P/E Expectations
CAVA Group (NYSE:CAVA) is rolling out a new Glazed Salmon menu item across its U.S. restaurants.
The company is also pushing into more suburban locations that include drive thru formats.
These moves mark a meaningful shift in how CAVA approaches both its menu and store footprint.
CAVA Group comes into these changes with its stock at $90.34 and a year to date return of 49.2%, after a 13.4% gain over the past month. The 1 year return of a 3.2% decline shows the ride has not been smooth, which...