The stock of Mediterranean-style fast-casual restaurant chain Cava Group Inc. soared 11% Monday, after analysts initiated coverage on the stock which made its debut on public markets in…
Read more Cava Group’s stock soars 11% as analysts start coverage on a bullish noteIPO investors, much like retail shoppers in recent years’ inflationary environment, are demanding clear discounts and demonstrating sensitivity to price and valuations, according to Renaissance Capital. The provider…
Read more Like choosy shoppers at a retail store, IPO investors are demanding discounts and displaying price sensitivityCava Group, the Mediterranean-focused fast-casual restaurant chain that’s making its trading debut on Thursday, is confident it has access to enough funding to expand its business and make a…
Read more Cava Group CFO is confident restaurant chain will be profitable — but she won’t say whenMediterranean fast-casual restaurant chain Cava Group on Wednesday priced its initial public offering of 14.4 million shares at $22 a share, up from a prior range, giving the…
Read more Mediterranean fast-casual restaurant chain Cava prices IPO at $22 a shareThe initial version of this story had incorrect price changes for 2023. It is now updated with information as of the market close on Jan. 31. Investors staged…
Read more These 20 stocks led the January rallyIt may not have been a surprise to see the consumer discretionary sector of the S&P 500 get hammered last year amid talk of a looming recession while…
Read more 18 stock picks in a ‘Goldilocks’ scenario for U.S. consumersThe Securities and Exchange Commission said Monday it has filed charges against Stephen J. Easterbrook, former chief executive of McDonald’s Corp., for making “false and misleading” statements to…
Read more SEC charges ex–McDonald’s CEO Easterbrook for making false statements relating to his 2019 ousterCheesecake Factory appears to be “running the same play,” wrote J.P. Morgan analyst John Ivankoe in a recent restaurant industry outlook. I don’t think he meant it as…
Read more Cheap? Maybe. But These Stocks Have Been Dead Money for DecadesEver since Starbucks Corp. rolled out longer-term financial targets in September, Wall Street has wondered how the coffee chain might meet what analysts say were ambitious goals, as…
Read more Starbucks says higher prices, customizable beverages will carry it through potential economic winterWhen it comes to nostalgia, McDonald’s customers sure are lovin’ it. The burger chain brought back its Halloween pails on Tuesday, which haven’t been offered in the U.S.…
Read more McDonald’s ‘adult Happy Meal’ toys are selling for up to $300,000 on eBay
