CAVA Group's Growth Is Priced In
CAVA (CAVA) Seeking Alpha·2024-08-27 13:23
fcafotodigital CAVA Group (NYSE:CAVA) came to bat in their Q2'24 earnings release with a beat and raise to eFY24 guidance to operations. Given the improving dietary trends in the younger generations, I believe CAVA is in a strong position as a healthy and customizable, protein-forward eating option. In addition to the generational appeal, CAVA has a long runway for regional expansion, as the firm anticipates adding 22-25 new locations in e2h24 and growing by 15% in eFY25. Given that shares are priced to per ...