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.
Julie Bowen joins anchor Dave Briggs to discuss the What's App ad with a few Modern Family reunions, her most recent spooky role, Xiidra, and Happy Gilmore 2.
Welcome to the new age, where Big Tech runs AI on tiny nuclear plants! Plus, banks make bank, the best kind of cancel culture and the wealth gap explained.
CEO of Century 21 Real Estate, Mike Miedler, joins Cheddar to discuss the future of real estate in states that were affected by Hurricanes Helene & Milton.