What sector does cava fall under
8/29/2024 04:19am
CAVA Group falls under the "Consumer Discretionary" sector. This sector includes companies that are sensitive to economic cycles and consumer spending patterns. Consumer discretionary companies offer goods and services that are considered non-essential, such as luxury items, entertainment, and travel. The sector's performance is closely tied to consumer confidence and spending habits, which can be influenced by factors such as income levels, interest rates, and economic growth.