Cava Group, known as CAVA on the stock market, unveiled its second quarter earnings report following the conclusion of the standard trading hours.
The earnings per share saw a decline, while the company’s revenues demonstrated a rise compared to the previous year.
The organization posted a income of $0.17 per share for the quarter, got better of the analysts predicted $0.12 profit per share.
Despite that, revenues for the quarter summing into $233.5 million, outplayed wall street estimated $218.22 million.
The revenues advanced 35.05 percent, while per share profit declined 19.05 percent in contrast to the same quarter of previous year.
Cava Group (CAVA) closed Thursday’s regular trading session at $101.98, demonstrating a 0.87 percent fall. The stock fluctuated between $101.80 and $104.84 during the day, with a volume of 5.96 million shares.
