Category: Juicy
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Cava reports juicy earnings as steak launch, sales growth pushes stock to all-time high
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CAVA is offering some tasty numbers to its investors. After the market closed on Thursday, the Mediterranean fast-food chain reported second-quarter results that beat estimates across revenue, earnings and same-store sales. Net sales rose 35.2% year over year to $233.5 million, compared with expectations of $219 million. Adjusted earnings per…