Cava Group the Mediterranean-focused fast-casual restaurant chain, revised the terms of its initial public offering on Monday, raising its proposed price...
Cava Group CAVA, the Mediterranean-focused fast-casual restaurant chain, revised the terms of its initial public offering on Monday, raising its proposed price range to $19 to $20 a share from $17 to $19. The company is planning to list on the New York Stock Exchange under the ticker CAVA. JPMorgan, Jefferies and Citigroup are lead underwriters in a team of eight banks working on the deal. Its IPO filing documents show strong top-line growth, with a 56.
The company is planning to list on the New York Stock Exchange under the ticker CAVA. JPMorgan, Jefferies and Citigroup are lead underwriters in a team of eight banks working on the deal. Its IPO filing documents show strong top-line growth, with a 56.2% compound annual growth rate from fiscal 2016 to fiscal 2022. However, net losses widened to $59 million in fiscal 2022 from $37.4 million in fiscal 2021.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Governments get nearly $19 billion more in opioid lawsuit settlementsStates and local governments to receive an additional $18.75 billion — they received $26 million last year in a previous settlement — from pharmacy chains and drug manufacturers to settle lawsuits over their roles in flooding the country with painkillers.
Leer más »
Insider buying: A Tisch family member buys up almost $20 million of Loews stockThe Tisch family is adding to its holdings of the conglomerate.
Leer más »
Grab $20 No Sweat First Bet with the FanDuel Racing promo code for the Belmont StakesThe FanDuel Racing promo code gives bettors a $20 No Sweat First Bet for the Belmont Stakes.
Leer más »
Save $20 on a two-pack of MFi-certified rainbow lightning cablesBring more style and power to your charging process.
Leer más »
Thyssenkrupp launches long-awaited IPO of hydrogen division NuceraThyssenkrupp on Monday launched the long-awaited listing of its hydrogen division Nucera, targeting proceeds of up to 600 million euros ($645 million) via the sale of new shares.
Leer más »
Report says Dish is 'desperate' to raise cash to complete its 5G buildoutA source tells The NY Post that Dish Network and Chairman Charles Ergen are desperate to raise money in advance of its 2025 5G deadline.
Leer más »