This is a news story, published by Yahoo Finance, that relates primarily to Cava news.
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fast food price increasesYahoo Finance
ā¢88% Informative
Mediterranean fast-casual chain Cava reported second quarter results that beat estimates.
Net sales jumped 35.2% year over year to $233.5 million .
Same-store sales jumped 14.4% , more than the 7.45% Wall Street expected.
Shares jumped to as much as $112.84 in after-hours trading.
The restaurant-level profit margin is expected to be between 24.2% and 24.7% , up from 23.7% to 24.3% . ā Brooke DiPalma is a senior reporter for Yahoo Finance . Follow her on X at @BrookeDiPalma or email her at [email protected]..
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Informative language
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Neutral language
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English
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34
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5
Source diversity
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