From CNBC:

Cava, a Mediterranean restaurant chain, saw its stock price surge by 15% after releasing its earnings report a day earlier than scheduled. The company reported fourth-quarter net income of $2.05 million, up from a net loss of $18.85 million the previous year. Its revenue increased by 36% to $177.1 million, with same-store sales up by 11.4%. Cava plans to open 48 to 52 new locations in 2024 and expects a 3% to 5% growth in same-store sales. The company’s shares have risen by 158% since its IPO, giving it a market value of $6.44 billion.



Read more at CNBC: Cava stock pops after blunder leads to early earnings release