BUZZ-Cava up after annual sales forecast above estimates

Reuters05:43
BUZZ-Cava up after annual sales forecast above estimates

** Shares of restaurant chain Cava Group CAVA.N up 8.4% at $73.50 after the bell

** Co forecasts annual same-store sales above estimates, betting on resilient demand for its healthy Mediterranean bowls

** Expects FY2026 same-restaurant sales to increase between 3% and 5%, above estimate of a 3.16% rise, as per LSEG data

** Reports Q4 revenue of $275 million, beating estimates of $267.92 million

** Logs quarterly EPS of 4 cents vs. analysts' estimates of 3 cents

** CAVA down ~48% in 2025

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))

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