Cava Group Inc. has once again increased its full-year outlook, making it the third consecutive quarter of upward revisions. The Mediterranean fast-casual chain reported quarterly sales that exceeded market expectations, demonstrating its strong performance despite industry challenges.

This consistent upward trend in projections reflects the company's ability to surpass Wall Street estimates throughout the year. Cava now expects sales growth at restaurants open for at least a year to reach up to 13% in 2024, up from the previous forecast of up to 9.5%.

This strong performance showcases Cava's resilience in the face of industry challenges and highlights its ability to consistently outperform market expectations. The company's quarterly sales have exceeded projections, leading to a positive outlook for the full year. Cava now anticipates sales growth of up to 13% in 2024, surpassing its previous forecast of up to 9.5%.