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Argus Downgrades CAVA Group to $76 Despite Strong Q2 Growth
ByAinvest
Thursday, Sep 11, 2025 2:25 pm ET1min read
Argus lowered CAVA Group's price target to $76 despite strong Q2 revenue growth of 20.3% YoY to $278.2 million. The company's adjusted EBITDA grew 22.6% to $42.1 million, and net income was $18.4 million. CAVA expanded its footprint with 16 net new restaurants, but faced challenges with same-restaurant sales growth of 2.1%.
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