CAVA Group Plunges 24.04% on Lowered Sales Growth Target

On August 13, 2025, CAVA Group's stock plummeted by 24.04% in pre-market trading, marking a significant decline in its share price.

CAVA Group's shares experienced a sharp decline after the company lowered its annual same-store sales growth target. This adjustment came as a surprise to investors, who had been anticipating stronger performance from the Mediterranean restaurant chain.

Analysts have also revised their price targets for CAVA Group, reflecting concerns over softer sales momentum and challenges from newer locations. KeyBanc and BofA have both lowered their price targets, while UBS maintained a Neutral rating with a reduced target price.

Despite new restaurant openings driving growth, CAVA Group missed its revenue targets, leading to a decline in share price. Investors, however, remain optimistic about the company's expansion story, focusing on long-term growth over short-term profits.