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)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。