Shares of Cava Group (CAVA) are retreating after the Mediterranean restaurant chain delivered mixed fourth quarter earnings results. The company reported revenue of $227.40 million, surpassing analysts’ projections of $224.50 million. However, adjusted earnings per share (EPS) came in at $0.05, below the $0.07 expected by Wall Street.
Yahoo Finance Senior Reporter Brooke DiPalma examines Cava’s earnings results and analyzes the company’s perspective on inflation and tariffs and how it may impact Cava’s business strategy moving forward.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.
This post was written by Angel Smith
发表回复