CAVA Group Stock: 20% Growth vs 60% Plunge – What’s Really Happening?
CAVA shares closed at $51.70 on Nov. 4, down about 60% from a 2024 high of $172.40. The stock dropped 15% last week, its steepest weekly fall since August, and is down roughly 52% year-to-date. Q3 revenue rose 20% to $289.8 million, with net income of $14.7 million. Management trimmed full-year same-store sales and margin guidance.