Cava's Stock Surges After Q2 Results. Is Now the Time to Buy?
The fast-casual restaurant chain's latest quarterly numbers came in better than expected.
Overview
Cava Group (NYSE: CAVA) is known for its highly popular, fast-casual Mediterranean restaurant chains. Focusing on healthy eating options and offering ample international growth opportunities, the business has flourished over the years.
Recently, it posted its latest earnings, which came in better than expected by analysts. The growth stock has been rallying on the news. Could it be heading even higher, and is now a good time to buy it?
Image source: Getty Images.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.