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Restaurant Breakout: CAVA Group Soars After Comparable Sales Sizzle Again (NYSE:CAVA)
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Restaurant Breakout: CAVA Group Soars After Comparable Sales Sizzle Again (NYSE:CAVA)

Restaurant Breakout: CAVA Group Soars After Comparable Sales Sizzle Again (NYSE:CAVA)

Mario Tama/Getty Images News

CAVA group (NYSE:CAVA) reported that FQ3 revenue rose 39.0% to $241.5 million. The increase was driven by 11 net new CAVA restaurant openings during the quarter ended Oct. 6 and same-restaurant sales growth of 18.1%, which exceeded the consensus estimate.