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MarketBeat

Chris Markoch

CAVA Stock Looking for Direction After Earnings Miss

Cava MarketBeat Bros Cava Group

CAVA Group Inc. (NYSE: CAVA) stock is down a fraction in midday trading the day after the company delivered a disappointing, but not surprising, third-quarter earnings report.

For the quarter ended Oct. 5, the company generated adjusted earnings per share (EPS) of 12 cents on revenue of $289.79 million. The company missed estimates by 13 cents per share on revenue of $291.95 million.

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