Cava: Q2 Earnings Snapshot

Cava Group Inc. (CAVA) on Tuesday reported second-quarter profit of $6.5 million.

The Washington-based company said it had profit of 21 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.

The Mediterranean restaurant chain posted revenue of $172.9 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $163.2 million.

This story was generated by Automated Insights using data from Zacks Investment Research. 

More In Business

Big Business This Week: Trump’s power/Powell struggle

The rumble in the bungle. Plus, pope-watchers, Meta-opoly, and more TTT.

Tesla’s Q1 Crisis: Musk Promises More Focus Amid Slumping Sales

Seth Goldstein, Equity Strategist at Morningstar, breaks down Tesla's earnings report, talks Musk's future with the company and how stocks have responded.

Trump’s Energy Dominance Plan Runs into Market Headwinds

Ben Lefebvre, Energy Reporter at Politico, talks Trump's trade war and how is has unnerved investors and what he means by 'energy dominance.' Watch!

Inside TIME Magazine's Cover Story: How One Weight-Loss Pill Could Change the Future of Obesity

Senior Health Correspondent for TIME, Alice Park, gives us a deeper look into how Eli Lilly's new pill orforglipron may change the healthcare industry.

Go Inside the Future of Aviation with Archer CEO Adam Goldstein

Archer Aviation CEO Adam Goldstein talks about the advancements in electric air taxis and how his company is changing the future of air transportation. Watch!

Google faces off with US government in attempt to break up company in search monopoly case

Google is confronting an existential threat as the U.S. government tries to break up the company as punishment for being a monopoly.

Judge pauses plans for mass layoffs at Consumer Financial Protection Bureau

President Donald Trump’s attempt to fire nearly everyone at the Consumer Financial Protection Bureau has been paused by a federal judge.

Big Business This Week: Can Goldman say ‘recession’?

Wall Street watches wishy-washiness. Plus, tariffs bringing up banks, judges breaking down Google, and...remember the infinite money glitch?

Spout Co-Founders on How They're Changing the Way We Get Water

Spout co-founders, Tyler Breton and Reuben Vollmer, explain how to get clean drinking water effortlessly with their innovation. Watch!

@BoyWithNoJob Has Finally Found a Job and It's Quite Refreshing!

Ben Soffer, aka @boywithnojob, discusses his journey from social media influencer to entrepreneur and why he wanted to enter the competitive drink space. Watch!

Load More