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Cava is plotting an ambitious expansion across the US. I visited the Mediterranean salad chain's first Chicago restaurant and had to wait for an hour to order. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCava, the Mediterranean build-your-own-bowl chain, is plotting an ambitious expansion across the US. It opened 72 net new restaurants in fiscal 2023 and expects to open at least 50 in 2024.
Persons: Organizations: Service, Business Locations: Chicago, Cava
Cramer's Lighting Round: Pinterest is a buy
  + stars: | 2024-07-22 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Salesforce's year-to-date stock performance. Stock Chart Icon Stock chart icon ADMA Biologics' year-to-date stock performance. Stock Chart Icon Stock chart icon Ouster's year-to-date stock performance. Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon Pinterest's year-to-date stock performance.
Persons: It's, ADMA Biologics, ADMA, it's, Suncor, Jim Cramer's Organizations: Suncor
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: I like Pinterest because of the advertising dollars, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Salesforce, ADMA, Ouster, Vertiv, CAVA and Pinterest.
Persons: Jim Cramer, ADMA, Vertiv Locations: CAVA, Pinterest
CNN —Colombian Football Federation president Ramón Jesurún was arrested at Hard Rock Stadium in Miami Gardens, Florida, after Argentina beat Colombia at the Copa América final Sunday. The federation president’s 43-year-old son, Ramón Jamil Jesurún, was arrested on the same battery charges plus one misdemeanor battery charge, in the same altercation, according to another arrest report. Neither the Colombian Football Federation nor CONMEBOL has responded to CNN’s request for more information on the Jesurúns’ arrests. Over 800 law enforcement officers from multiple local agencies were on hand at the stadium, MDPD said in its statement. Hard Rock Stadium will host seven matches in the tournament.
Persons: Ramón Jesurún, Jesurún, ” Jesurún, Ramón Jamil Jesurún, , Maddie Meyer, ejections, MDPD, Stephanie V, Daniels, , Daniella Levine Cava Organizations: CNN — Colombian Football Federation, Hard, Copa América, South, CONMEBOL, Miami - Dade Police Department, Colombian Football Federation, Getty, North, Miami - Dade Police, Dade Locations: Miami Gardens , Florida, Argentina, Colombia, South American, Miami, North America, ” Miami
Supporters rush into Hard Rock Stadium ahead of Sunday’s Copa America final (Maddie Meyer/Getty Images)Fans had been asked to arrive early, with watch parties banned outside the stadium or in the parking lots. Hard Rock also said “fans MUST have a game ticket” to enter the stadium campus on Sunday. With the sun beating down, fans pushed toward the closed gates, causing a crush. “Various stadium gates were closed and re-opened strategically in an attempt to allow ticketed guests to enter safely and in a controlled manner. “The Copa America final is organized by CONMEBOL and Miami-Dade Police Department provides security support, along with other law enforcement agencies,” the statement read.
Persons: , , Messi, Maddie Meyer, Laura Williamson, Diana, ” Diana, Daniel Muñoz, Manuela Ángel, Daniel’s, Alexis Mac Allister’s, “ Alexis, Silvina, Juan Mabromata, Nestor Lorenzo, ” Alejandro Flores, ” Flores, they’re, Megan Briggs, Daniella Levine Cava, James Reyes, Veronica Brunati, Dan Goldfarb Organizations: Copa América, Sunday’s Copa America, Miami, Dade Police, Dade, Rescue, , Athletic, Hard, Getty, “ CONMEBOL, South American Football Confederation, CONMEBOL, FIFA, CONCACAF, Colombia, tonight’s Copa America, Copa America, Miami - Dade Police Department Locations: Argentina, Miami Gardens, Colombia, Colombian, Miami, AFP, , Honduras, North Carolina, Uruguay, United States,
Stock Chart Icon Stock chart icon Dover's year-to-date stock performance. Dover : "This is a terrific industrial company that really is making a great move in the data center...Dover is going to be a big name for me." Stock Chart Icon Stock chart icon Sasol's year-to-date stock performance. Sasol: "No, if you're going to do that you want to buy Dow, no longer Dow Chemicals, Dow Inc."Stock Chart Icon Stock chart icon Cava's year-to-date stock performance. Stock Chart Icon Stock chart icon New Fortress Energy's year-to-date stock performance.
Persons: Biden Organizations: Dover, Dow, Dow Chemicals, Dow Inc, New Fortress Energy Locations: Dover
Lightning Round: Dover can get to 200, says Jim Cramer
  + stars: | 2024-07-10 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Dover can get to 200, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Dover, Sasol, CAVA, and New Fortress Energy.
Persons: Jim Cramer Organizations: Dover, New Fortress Energy Locations: Dover, Sasol, CAVA
At The Wall Street Journal's Global Food Forum in June, Joe Erlinger, the president of McDonald's US, detailed the company's missteps in meatless burgers and salads. Over the years, McDonald's has been able to fold in some noncore items — namely, coffee and chicken. It's not just consumer demand that's keeping McDonald's menu limited to the more-traditional, less-than-body-boosting items — it's its franchisees, too. And no one goes to McDonald's looking for greens. And no one goes to McDonald's looking for greens.
Persons: McDonald's, Joe Erlinger, Erlinger, Darren Tristano, Danilo Gargiulo, it's, Tristano, Benedict, hasn't, Gargiulo, Burger King, Burger, It's, they're, Emily Stewart Organizations: Food Forum, Dallas, Bernstein, Foods, Apple, Toyota, Consumers, McDonald's, Business Locations: San Francisco, Europe, Sweetgreen, Cava, McDonald's, Australia, Chicago
Cramer's Lightning Round: 'I would not abandon' Cava
  + stars: | 2024-06-24 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Viking Therapeutics' year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance. Stock Chart Icon Stock chart icon Rubrik's year-to-date stock performance. Stock Chart Icon Stock chart icon Forward Air's year-to-date stock performance. Stock Chart Icon Stock chart icon Bristol Myers Squibb's year-to-date stock performance.
Persons: Lilly, Bristol Myers, Meyers, Jim Cramer's Organizations: Therapeutics, Viking Therapeutics, Forward, Bristol Myers Squibb
But it's popular to pair with chicken, too: Sweetgreen has a hot honey chicken protein bowl, Cava sells harissa honey chicken, and KFC serves Sriracha honey nuggets. At Starbucks' upmarket Reserve locations, you can get hot honey in an affogato or espresso martini. So Kurtz started experimenting with chili-infused honey in his college apartment, where he created Mike's Hot Honey in 2004. Zalat PizzaUK canned and bottled cocktail company Tom Savano Cocktails has been experimenting with hot honey in the drinks department. Cooking magazines and TikTokers alike have been scrambling to find new ways to incorporate hot honey into dishes.
Persons: , Lizzy Freier, Sweetgreen, Cava, Grace Dean, Roberta's, Mike Kurtz, Kurtz, Paul Giannone, Paulie Gee's, Matt Wessel, Wessel, Maison Pickle, Emilia Aghamirzai, Maison, Jacob Hadjigeorgis, there's, Khanh Nguyen, Nguyen, Savano, Scotch Bonnet, James Kerslake, Kerslake Organizations: Service, Business, KFC, Starbucks, Bee, The New York Times, Brooklyn, Foods, Milwaukee Pretzel Company Locations: Manhattan, New Orleans, Chicago, Brazil, Brooklyn, Dallas
In today's big story, we're looking at Chipotle's newest pitch in the big business that is winning your lunch break. Market research firm Future Markets Insights pegged the lunch takeout market at $215.3 billion in 2022 . Chipotle's latest marketing campaign shows how creative restaurants are getting to nab your lunch order. Bitcoin's cooldown might be a warning for the stock market. A Stifel strategist predicted a late-summer stock market decline based on bitcoin's 10% sell-off in the past few weeks.
Persons: , Chelsea Jia Feng, Keith Lee, Alyssa Powell, haven't, Taco Bell, Tim Hortons, Burger King, sarayut Thaneerat, Tyler Le, Ken Griffin, Bitcoin's, isn't, That's, Jensen Huang's, Satya Nadella's, Marc Piasecki, Elon Musk, They're, Alfie, Alfie Health, Donald Trump, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Business, nab, bros, Chipotle, Getty, Brands, KFC, Taco, BI Citadel, Sunshine State, Congressional, Nasdaq, Apple, Apple Intelligence, Nvidia, Microsoft, Amazon, Elon Locations: Cava, Illinois, Florida, China, New York, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCava's success buoyed by consumer preference for healthy options: Torch Capital's Jonathan KeidanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Jonathan Keidan, Brian Sullivan, Organizations: CNBC
Restaurants have traditionally lagged behind other sectors in their adoption of technology, but rising labor costs have changed the narrative. Major food industry players are making strides to invest in innovation, including AI and robotics. While it is still early days, analysts have already identified some companies that are taking the lead. YUM YTD mountain Yum Brands shares year to date Robots peeling avocados, mixing salads The use of robotics in restaurants is at its nascence. Chipotle, Sweetgreen and Cava partially have an advantage due to the nature of their products, which offer customers a bowl of mixed ingredients as an end order.
Persons: Bernstein, Danilo Gargiulo, Gargiulo, Morgan Stanley, Brian Harbour, Payne Capital Management Courtney Garcia, Rahul Krotthapalli, They've, Courtney Garcia, Garcia, Payne, Piper Sandler, Chipotle Organizations: Wall, CNBC, Google, Payne Capital Management, Starbucks, JPMorgan, Yum Brands, KFC, Taco Bell, Systems, Collider Lab Locations: Cava, Chipotle, Sweetgreen
Goldman Sachs reiterates Apple as buy Goldman said it's bullish heading into the company's Worldwide Developer's Conference on June 10. " Mizuho reiterates Meta as buy Mizuho said its sticking with its buy rating on the Meta. JPMorgan upgrades Krispy Kreme to overweight from neutral JPMorgan upgraded Krispy Kreme after a change in analyst coverage. Citi upgrades Best Buy to buy from sell Citi said in its double upgrade of the stock that it sees "upside potential." Goldman Sachs reiterates First Solar as buy Goldman raised its price target on the stock to $302 per share from $268.
Persons: Goldman Sachs, Goldman, it's, AAPL, Morgan Stanley, Tesla, We've, Jefferies, Mizuho, Wells, CAVA, Piper Sandler, Massimo, Piper, Clark, Melius, Guggenheim, Stifel, Bernstein, Airbnb, Roth, Marvell Organizations: : Bank of America, Nvidia, Bank of America, Apple, Conference, Meta, Citi, JPMorgan, JPMorgan downgrades, RBC, Kimberly, Broadcom, Guggenheim, Logistics, Auto Logistics, Inc, EBITDA, Qs, Marvell Locations: Computex, Taiwan, Siri, JPMorgan downgrades Cava
Waste Management , Stericycle — Waste Management is buying Stericycle for $7.2 billion , the companies announced on Monday. Stericycle shares jumped nearly 15%, while Waste Management slid 4%. Spotify — The music streaming company climbed 4% following its announcement of premium subscription price increases in the U.S. in July. Lattice Semiconductor , Coherent — Lattice shares dove 11% after CEO Jim Anderson left to take the helm at Coherent, whose stock price jumped 17%. Krispy Kreme — Shares of the company rose 2% after it was upgraded to overweight at JPMorgan.
Persons: Keith Gill, Gill, Stericycle, CNBC's David Faber, Skydance, Shari Redstone, Jim Anderson, Esam, Dickinson, Edwards, Narendra Modi, Claudia Sheinbaum, Cava, Blackwell, Krispy Kreme, Masimo, Piper, Piper Sandler, Goldman Sachs, Goldman, — CNBC's Sean Colon, Yun Li, Pia Singh, Michelle Fox, Christina Cheddar, Berk Organizations: GameStop, DeepF, AMC, New York Stock Exchange, Waste Management, Spotify, GSK, Court, Paramount Global, Lattice Semiconductor, Company, Bloomberg News, JPMorgan, Nvidia, AMD, Bank of America, Therapeutics, Autodesk Locations: U.S, Swedish, Delaware, Becton, India, Mexico
Waste Management , SteriCycle — Shares of medical waste-disposal company Stericycle jumped 16% after Waste Management agreed to buy the company for $7.2 billion. Waste Management fell 1.5%. MarineMax — MarineMax, a recreational boat and yacht services company, popped 19% on a report that OneWater Marine is in talks to buy the company for $40 a share in cash. Boston Beer Company — Shares slid 11% after Bloomberg reported that Japanese brewer and distiller Suntory denied it's in talks to buy the Samuel Adams owner. Paramount Global — Shares added more than 6% after Skydance Media revised its buyout offer for Paramount and gave nonvoting shareholders an option to cash out Paramount Class B shares at a roughly 26% premium to Friday's close.
Persons: Keith Gill, Kitty, Stericycle, , Cava, Rubin, Blackwell, it's, Samuel Adams, Alex Harring, Brian Evans, Michelle Fox Theobald Organizations: GameStop, AMC Entertainment, AMC, Waste Management, Bloomberg, JPMorgan, Nvidia, AMD, Monday, Sunday, Bank of America, Boston Beer, Suntory, Street, Citi, Spotify, GSK, Autodesk — Autodesk, Paramount, Skydance Media Locations: Cava, Taipei, U.S, Delaware
Goldman Sachs initiates Abbott Labs as buy Goldman said Abbott is well positioned for growth. UBS reiterates Apple as neutral UBS said its checks show iPhone pressure remains in China and the U.S. for Apple. Goldman Sachs reiterates Eli Lilly as neutral Goldman raised its price target on Eli Lilly to $785 per share from $740. Goldman Sachs reiterates Salesforce as buy Goldman said it's sticking with the stock following earnings on Wednesday. Goldman Sachs initiates AstraZeneca, Novartis and Novo Nordisk as buy Goldman initiated several biotech company's on Thursday and says it sees "innovation momentum a key focus."
Persons: Baird, OKTA, Goldman Sachs, Abbott, Goldman, Piper Sandler downgrades Cava, Piper, Eli Lilly, Wells Fargo, Wells, Mizuho, Wedbush, Daiwa, Stifel, it's, Salesforce, CRM's, Redburn, Guggenheim, Generac Organizations: UBS, Apple, Mizuho, PayPal, Bank of America, Gross, Amicus, USM, First, Deutsche Bank, Deutsche, JPMorgan, Nvidia, Technology, Northland, AstraZeneca, Novartis, Novo Nordisk, of America, TAM, Guggenheim Locations: China, Corning, Northland, 4Q24
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWednesday’s rapid fire: ConocoPhillips, American Airlines, Abercrombie & Fitch, Chewy and CavaCNBC’s Jim Cramer on Wednesday offered his thoughts on the stocks of ConocoPhillips, American Airlines and more.
Persons: Cava CNBC’s Jim Cramer Organizations: ConocoPhillips, American Airlines, Abercrombie, Fitch, Wednesday Locations: Chewy
Cava CEO Brett Schulman on Q1 earnings beat
  + stars: | 2024-05-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCava CEO Brett Schulman on Q1 earnings beatCava CEO Brett Schulman joins 'Squawk on the Street' to discuss the company's quarterly earnings results, what the post-pandemic economy has done for Cava, and more.
Persons: Brett Schulman Organizations: Cava Locations: Cava
Dick's Sporting Goods — The sporting goods retailer popped 7.7% after reporting an earnings and revenue beat for its fiscal first quarter. It now expects earnings per share to be between $13.35 and $13.75, up from its prior range of $12.85 to $13.25. Robinhood — The stock broker shares jump 1.6% in premarket after the trading startup announced its first-ever share buyback plan. Chewy posted earnings per share of 15 cents, topping a FactSet estimate of just 4 cents per share. Cava — The stock fell 5% in premarket even though the restaurant chain posted earnings and revenue for the first quarter that topped expectations.
Persons: Dick's, Robinhood, Chewy, Cava, LSEG, CNBC's David Faber, Merck, , Jesse Pound, Michelle Fox, Lisa Han, Sarah Min, Brian Evans, Hakyung Kim Organizations: ConocoPhillips —, Marathon Oil, Goods, LSEG . American Airlines —, United Airlines —, Jefferies, United Airlines, Google, HubSpot, Merck Locations: American, premarket
Three-Stock Lunch: Dick's Sporting Goods, Cava & Chewy
  + stars: | 2024-05-29 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree-Stock Lunch: Dick's Sporting Goods, Cava & ChewyWill McGough, Prime Capital Investment Advisors director of investments, joins 'Power Lunch' to discuss plays for three stocks, including Dick's Sporting Goods, Cava and Chewy.
Persons: Will McGough Organizations: Prime Capital Investment, Dick's Sporting Locations: Cava, Chewy
Here are the biggest calls on Wall Street on Wednesday: Bernstein reiterates Nvidia as outperform Bernstein said it's sticking with its outperform rating on the stock. " Argus upgrades Berkshire Hathaway to buy from hold Argus said it's getting bullish on shares of Warren Buffett's multinational conglomerate. UBS reiterates First Solar as buy UBS raised its price target on First Solar to $350 per share from $270. Bank of America reiterates Apple as buy Bank of America said it's bullish on top pick Apple and its entry into iPhones with AI. Bank of America reiterates Dell as buy Bank of America raised its price target on Dell to $180 per share from $130.
Persons: Bernstein, Berkshire Hathaway, Argus, it's, Fluence, LBRT, Jefferies, TD Cowen, Medpace, Cowen, Morgan Stanley, JPMorgan, Wells, Baird, MM120, Truist, Dell, Jack Hartung, Cindy Olsen Organizations: Nvidia, Argus, Warren, UBS, Citi, Liberty Energy, United Airlines, Airlines, American Airlines, " Bank of America, Apple, Bank of America, Netflix, Disney, RBC, Eldorado, Eldorado Gold, BTC, Citi downgrades Bank, JPMorgan, Mind, of America, Norwegian Cruise Line Holdings, Dell, Field Locations: Berkshire, U.S, OFS, United, El Paso, Parks, F4Q, CAVA, Chicago
ConocoPhillips , Marathon Oil : Conoco shares fell 3% after the company said it planned to buy Marathon Oil in a deal $17.1 billion all-stock transaction. "Conoco is a very, very good company," Jim Cramer said, though he wondered whether U.S. antitrust regulators may heavily scrutinize the tie-up. "This deal makes a ton of sense, but I would buy Conoco over Marathon here." "Now, the can't-last theory is so stupid because what that says is, without doing any work, that stock can't be up 100%. "Cava is a great company," Cramer said.
Persons: Jim Cramer's, Jim Cramer, Cramer, Abercrombie, Fran Horowitz, she's, I'm Organizations: CNBC, Club, ConocoPhillips, Marathon, Airlines, Fitch Locations: Marathon, Texas
Robinhood management expects to execute the program over a two- to three-year period starting in the third quarter of 2024, a press release said. Cava reported earnings of 12 cents per share on revenue of $259 million, while analysts polled by LSEG anticipated earnings of 4 cents per share on $246 million in revenue. Box — The cloud storage company added 1.2% on the back of better-than-expected earnings and revenue. Box reported adjusted earnings of 39 cents per share, while analysts polled by LSEG expected earnings of 36 cents per share. United reaffirmed its second-quarter earnings outlook range of $3.75 and $4.25 per share, according to a regulatory filing .
Persons: Cava, LSEG, , Darla Mercado Organizations: Revenue, American Airlines, United Airlines — Locations: Cava
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCava shares slip despite Q1 beat, raising same store sales guidanceNick Setyan, Wedbush Securities Senior Analyst, joins 'Closing Bell Overtime' to talk Cava Q1 earnings as the stock struggles in extended trading.
Persons: Nick Setyan Organizations: Wedbush Securities, Cava
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