STOXPO
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
  • Latest News
  • Technology
    • Software
    • Semiconductors
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions
No Result
View All Result
STOXPO
No Result
View All Result
Home Companies Large-Cap

Cava Shares Plunge as Chain Cuts Same-Store Sales Outlook

byLuca Blaumann
August 12, 2025
in Large-Cap, Restaurants
Reading Time: 2 mins read
Share on TwitterShare on LinkedIn

Flat traffic and post–menu launch slowdown weigh on performance despite revenue growth

Cava (CAVA) shares tumbled 20% in extended trading Tuesday after the Mediterranean fast-casual chain lowered its full-year same-store sales forecast, citing weaker-than-expected second-quarter performance. The company now projects 2024 same-store sales growth of 4% to 6%, down from its prior 6% to 8% range.

For the quarter, Cava reported earnings of $18.4 million, or 16 cents per share, slightly above Wall Street’s expectation of 13 cents. Revenue came in at $280.6 million, falling short of the $285.6 million analysts anticipated, according to LSEG.

Net restaurant sales climbed 20% year over year to $278.2 million, largely driven by new store openings. Same-store sales rose 2.1%, outperforming much of the restaurant industry but missing the 6.1% growth forecast from StreetAccount. Traffic was described as “roughly flat” for the quarter, a sharp contrast to the 14.4% jump a year earlier that was fueled by the launch of grilled steak.

CFO Tricia Tolivar told CNBC the quarter began with strong momentum, but growth slowed once the chain passed the one-year anniversary of its grilled steak debut. Rival fast-casual brands have also struggled recently — Chipotle reported a 4% drop in same-store sales, while Sweetgreen shares fell after another guidance cut.

Despite the reduced outlook, Cava reaffirmed other full-year targets, including adjusted EBITDA of $152 million to $159 million and restaurant-level profit margins between 24.8% and 25.2%.

The company also revealed it participated in a $25 million Series B funding round for Hyphen, an automation startup backed by Chipotle. Cava CEO Brett Schulman said piloting Hyphen’s automated makeline could improve order accuracy, speed, and reduce complexity during peak digital hours.

With shares already down 40% in 2024, the lowered guidance adds pressure on Cava to reignite traffic and recapture the sales momentum it enjoyed last year.

You might like this article:Intel Shares Climb After CEO Lip-Bu Tan Meets with President Trump

Tags: CAVAEarningsGrowthMoversNewsStock Market
Previous Post

Intel Shares Climb After CEO Lip-Bu Tan Meets with President Trump

Next Post

Spirit Aviation Warns of Possible Collapse as Cash Runs Low

Related Posts

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

byLuca Blaumann
October 8, 2025
0

Groundbreaking 2026 rollout aims to connect smartphones directly to satellites for seamless nationwide coverage AST SpaceMobile (ASTS), the company developing...

chemistry-2

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

byLuca Blaumann
October 7, 2025
0

Positive early results accelerate timeline and reduce capital needs by up to $15 million Envoy Medical (COCH), a Minnesota-based hearing...

investing

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

byLuca Blaumann
October 6, 2025
0

Verizon drags Dow lower after naming former PayPal chief Dan Schulman as CEO U.S. stocks were mixed Monday afternoon as...

Next Post
spirit

Spirit Aviation Warns of Possible Collapse as Cash Runs Low

Latest News

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

AMD Soars 25% After Landmark AI Chip Deal With OpenAI

Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

Based on Your Interest

Rivian Electric Pickup Truck
Auto Manufacturers

Rivian Cuts Delivery Forecast Amid Loss of EV Tax Credits

October 2, 2025
Electrical Equipment

KULR Launches Next-Generation Battery Management System for Space and Defense

October 2, 2025
investing
Auto Manufacturers

Chijet Secures Up to $1 Billion in Expanded Private Placement

October 1, 2025

Recommended

Large-Cap

Nike Surprises Wall Street With Strong Q1 Results

September 30, 2025
Entertainment

Fubo Shareholders Approve Disney Merger With Hulu Live TV

September 30, 2025
Brokerages

Robinhood Surges on Prediction Market Growth

September 30, 2025
Large-Cap

Nike Faces Steep Profit Decline as Q1 Results Loom

September 29, 2025
Biotechnology

Drugmakers Gain as Markets Digest Trump’s Proposed 100% Pharma Tariffs

September 26, 2025
Stoxpo

Follow us on social media:

Highlights

  • Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage
  • Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant
  • Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal
  • AMD Soars 25% After Landmark AI Chip Deal With OpenAI
  • Dragonfly Energy Secures Nevada Tech Hub Funding to Strengthen Lithium Battery Innovation

Category

  • Blog
  • Communication Services
    • Entertainment
    • Internet
    • Telecommunications
  • Companies
    • Large-Cap
    • Mega-Cap
    • Micro-Cap
    • Mid-Cap
    • Small-Cap
  • Consumer Cyclical
    • Auto Manufacturers
    • Casinos & Gambling
    • Ground Transportation
    • Hospitality
      • Casinp
      • Resorts & Lodging
      • Restaurants
      • Travel
        • Airlines
    • Retail
    • Textiles, Apparel & Luxury Goods
  • Consumer Defensive
    • Beverages
    • Discount Stores
    • Distributor
    • Ecommerece
    • Electrical Equipment
    • Foods
    • Household & Personal Products
    • Leisure Products
    • Tobacco
  • Contributions
  • Crypto
    • Altcoins
    • Bitcoin
    • Ethereum
  • Economy
  • Energy
    • Electric
    • Oil & Gas
    • Renewables
  • Financial Services
    • Asset Management
    • Banks
    • Brokerages
    • Credit Services
    • Insurance
  • Healthcare
    • Biotechnology
    • Medical Devices
    • Pharmaceuticals
  • Industrials
    • Aerospace & Defense
    • Construction
    • Industrial Machinery
  • Materials
    • Building Materials
    • Chemicals
    • Gold
    • Mining
    • Silver
    • Steel
  • Q&A's
  • Real Estate
  • Technology
    • Artificial Intelligence
    • Computer Hardware
    • Consumer Electronics
    • Cybersecurity
    • IT Services
    • Semiconductors
    • Software
  • Utilities

Latest News

Verizon Partners with AST SpaceMobile to Deliver Space-Based Cellular Coverage

October 8, 2025
chemistry-2

Envoy Medical Advances to Final Stage of FDA Trial for Fully Implanted Cochlear Implant

October 7, 2025
investing

Tech Rally Lifts S&P 500 and Nasdaq as AMD Soars on OpenAI Deal

October 6, 2025
  • About
  • Privacy Policy
  • Contact

© 2024 All Rights Reserved: STOXPO.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More

In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information

Accept Cookie Settings
Cookies are small text files that can be used by websites to make a user's experience more efficient. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission. This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
  • Always Active
    Necessary
    Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
  • Marketing
    Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
  • Analytics
    Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
  • Preferences
    Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
  • Unclassified
    Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
Cookie Settings

Do you really wish to opt-out?

No Result
View All Result
  • Latest News
  • Healthcare
    • Biotechnology
    • Pharmaceuticals
  • Technology
    • Software
    • Semiconductors
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
  • Companies
    • Micro-Cap
    • Small-Cap
    • Mid-Cap
    • Large-Cap
    • Mega-Cap
  • Q&A’s
  • Contributions

© 2024 All Rights Reserved: STOXPO.