CAVA Group Trading Volume Plummets 51% to $178 Million, Slips to 497th in Daily Ranking

On May 28, 2025, CAVA Group (CAVA) experienced a significant decline in trading volume, with a total turnover of $178 million, marking a 51% decrease from the previous day. This placed CAVA at the 497th position in terms of trading volume for the day. The stock price of CAVA also decreased by 0.52%, marking the third consecutive day of decline, with a total decrease of 2.90% over the past three days.

CAVA Group recently reported an increase in sales and net income for the first quarter of 2025, maintaining its earnings guidance for the year. The company's fiscal first-quarter net income was $25.71 million, or 22 cents per share, up from $13.99 million, or 12 cents per share, a year earlier. This strong performance in the first quarter is likely to have a positive impact on investor confidence and the stock price in the coming days.

Additionally, CAVA Group has seen a significant increase in its workforce, with the number of employees growing by 2,200, or 27.16%, compared to the previous year. As of December 29, 2024, the company had 10,300 employees. This expansion in the workforce is a positive indicator of the company's growth and its ability to meet increasing demand for its products and services.