CAVA Group Inc. (NYSE:CAVA) experienced a significant stock price increase of 17.18% during pre-market on Wednesday after announcing robust third-quarter earnings and revising its annual outlook upwards, according to Benzinga Pro. The fast-casual chain, known for its Mediterranean-inspired cuisine, reported earnings of 15 cents per share, surpassing the analyst consensus of 11 cents. Quarterly revenue reached $243.82 million, exceeding expectations of $233.59 million and marking an increase from $175.55 million in the same period last year. The company, a rival to Chipotle Mexican Grill, Inc. …
