Cava Sales Concern; CoreWeave Drop; Webtoon Disney Deal
On this episode of Stock Movers:- Cava Group (CAVA) is lower after trimmed its annual sales outlook after a sharp deceleration in the second quarter as diners spent less on restaurant meals. The fast-casual Mediterranean chain now says sales at established locations will expand 6% at most this year, while it previously forecast an increase of as much as 8%.- Brinker International (EAT) is higher after fourth-quarter earnings beat expectations with the Chili’s owner expecting that momentum to carry through in the next fiscal year, issuing an outlook eclipsing analyst predictions. The…
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