Should You Buy Cava Stock Before Feb. 25?
The market has been all over Cava Group (NYSE: CAVA) stock since it debuted as a public company in early 2023. It's up 122% over the past year, but it might be losing steam. Investors might be wary about just how good its earnings results are going to be when it reports on Feb. 25, especially considering how much growth is already built into its stock price. With the price moving down as we get closer, should you buy before the release?Cava is one of the newer fast-casual restaurant chains that have stormed the markets in recent years. They're all aiming to imitate the success of Chipotle Mexican Grill, one of the original fast-casual concepts, and one that has delivered incredible gains for investors.Like Chipotle, Cava's model includes fresh, premium fare, with a limited number of ingredients that are easy to prepare but can be customized into many different dishes. Cava's concept centers around a Mediterranean menu. Its price point is higher than standard fast food like McDonald's, but lower than fine dining, and that appeals to an affluent clientele even in an inflationary climate.Continue reading
The market has been all over Cava Group (NYSE: CAVA) stock since it debuted as a public company in early 2023. It's up 122% over the past year, but it might be losing steam. Investors might be wary about just how good its earnings results are going to be when it reports on Feb. 25, especially considering how much growth is already built into its stock price. With the price moving down as we get closer, should you buy before the release?
Cava is one of the newer fast-casual restaurant chains that have stormed the markets in recent years. They're all aiming to imitate the success of Chipotle Mexican Grill, one of the original fast-casual concepts, and one that has delivered incredible gains for investors.
Like Chipotle, Cava's model includes fresh, premium fare, with a limited number of ingredients that are easy to prepare but can be customized into many different dishes. Cava's concept centers around a Mediterranean menu. Its price point is higher than standard fast food like McDonald's, but lower than fine dining, and that appeals to an affluent clientele even in an inflationary climate.
