1614 ET - Sales at fast-casual restaurant chains are generally holding better than in other parts of the industry, including at Cava. The chain's 4Q same-store sales grew 21%, with 16% as a result of traffic increases and the rest from higher prices. Cava's revenue beat expectations, while adjusted EPS slightly miss. Cava's expects its 2025 same-store sales to increase 6% to 8%, a bit softer than analysts' expectations. Shares fall 7.5% after hours. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
February 25, 2025 16:14 ET (21:14 GMT)
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