U.S. stocks fluctuate | Q2 revenue below expectations, CAVA Group (CAVA.US) plunges over 16%
According to the Securities Times app, on Wednesday, CAVA Group (CAVA.US) plummeted more than 16%, hitting a new low for the year at $70.58. On the news front, the company's revenue for Q2 2025 was $278 million, a 20% increase compared to the same period last year, but below the market's expectation of $287 million. Net profit was $18.4 million, compared to $19.7 million in the same period last year. Same-store sales increased by 2.1%, far below FactSet's expectations of 6.1%. The company revised its full-year same-store sales growth forecast from 6%-8% to 4%-6%, while Wall Street's expectation was 7.3%.
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