WASHINGTON (AP) — WASHINGTON (AP) — Cava Group Inc. (CAVA) on Tuesday reported third-quarter earnings of $6.8 million.
The Washington-based company said it had net income of 6 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The Mediterranean restaurant chain posted revenue of $175.6 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $171.2 million.
Advertisement
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAVA at https://www.zacks.com/ap/CAVA
Advertisement