π Cava $CAVA pops +16% β best restaurant same-store sales this earnings season
Mediterranean fast-casual chain Cava posted a strong Q2 beat: $368M in revenue, up 31% year-over-year, topping the $360M estimate, with same-restaurant sales surging 9% and traffic up 5.3% β the strongest comp in all of restaurant-land this quarter. TD Cowen called the business "firing on all cylinders." Shares are up ~16% at midday. Not financial advice. Is $CAVA still a growth story worth the premium, or is the valuation getting stretched?