22.11.2024 23:30:00
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1 Incredible Statistic That Should Make Cava Investors Very Happy
Cava Group (NYSE: CAVA) has been one of the best restaurant stocks to own this year. The fast-casual Mediterranean-style restaurant chain has been winning over not just customers, but investors as well. Through expansion and new menu offerings, it has been able to continually report solid numbers, propelling its share price to new heights.Recently, the company reported its latest earnings numbers, and one metric stood out to me. It highlights the business's impressive growth, and it's a great sign that the company is going in the right direction.For a restaurant chain, generating single-digit comparable sales growth is a good goal, especially amid today's economic conditions as consumers are cutting back on spending.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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