In This Article:
Shares of Cava Group (CAVA) are rising after the closing bell on Thursday after the company posted its second quarter results, with a revenue of $233.5 million, including $2.1 million of revenue from other sources, against an expected $219.5 million. In addition, the company saw a second quarter same store sales growth of 14.4% veresus, almost double the estimated 7.45%.
Yahoo Finance Reporter Brooke DiPalma joins Asking For A Trend to break down the report and what it means for the stock moving forward.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend
This post was written by Nicholas Jacobino