CAVA Group Inc

Restaurant executives can’t wait for 2025 after slow traffic and wave of bankruptcies

TodayIndiaTimes4 days ago07 mins

A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris Bloomberg | Getty Images After a tough year for the restaurant industry, executives can’t wait for 2025 to start. “I don’t know about you guys, but I’m ready for ’24 to be behind us, and I think ’25 is going to…

Cava earnings beat estimates as restaurant traffic climbs nearly 10%

TodayIndiaTimes3 months ago03 mins

Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan McDermid | Reuters Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue. Shares of the company rose 9% in extended trading. The stock has more than doubled its value this…