Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. It posted a profit in its first quarterly report, repeatedly beat Wall Street’s earnings estimates and now boasts a more than $14 billion market cap, nearly 500% higher than its initial valuation.Now, Wall Street analysts see shades of another fast-casual success story: Chipotle Mexican Grill. In its most recent results for the second quarter of 2024, Cava bucked industry trends by posting same-store sales growth of 14.4% and traffic growth of 9.5%. Revenue rose by 35.2% from the same quarter the year prior. “Cava seems to have…
Author: usaeverydaylife
Residents check the damaged in the aftermath of overnight Israeli bombardment in Beirut’s southern suburbs, on September 28, 2024.Anwar Amro | Afp | Getty ImagesIsrael launched airstrikes on Beirut’s southern suburbs and other areas of Lebanon on Saturday, a day after carrying out a massive attack on Hezbollah’s headquarters that appeared to be aimed at killing its leader, Sayyed Hassan Nasrallah.The fate of Nasrallah, leader of the Iran-backed group for 32 years, remains unclear, with Hezbollah yet to issue any statement on his status.Reuters journalists heard more than 20 airstrikes in Beirut before dawn on Saturday and more after sunrise.…
If you’re looking for a new credit card welcome offer to help offset the cost of a future vacation, the Aeroplan® Credit Card is worth a closer look.You can now earn up to 100,000 bonus Aeroplan points within the first 12 months from account opening. Here’s how it works:Earn 75,000 Aeroplan points after spending $4,000 in the first three months from account openingEarn an additional 25,000 Aeroplan points after spending $20,000 total in the first 12 months from account openingAeroplan may be the loyalty program of Air Canada, but it’s not just for Canadians. You can use Aeroplan points to book awards…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSteve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join ‘Fast Money’ to discuss markets, their October expectations, and more. Source link
The cost of avoiding airport lines is about to rise.Membership prices for the expedited security program Global Entry are increasing for the first time ever, from $100 to $120 for both new members and renewals, according to U.S. Customs and Border Protection.However, the price hike takes effect Oct. 1, so you can still lock in the current price by applying or renewing before then. Keep in mind that you can only renew a year in advance, so if your current membership is valid beyond October 2025, the higher fee will apply.While adults can save by renewing before Oct. 1, it’s…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s Angelica Peebles joins ‘Fast Money’ to report on Bristol Myers Squibb’s stock rise following FDA approval of Cobenfy for treating schizophrenia in adults. Source link
Satellite image showing Tropical Storm Helene moving up the Eastern U.S. on Sept. 27th, 2024.NOAAEmergency crews rushed Friday to rescue people trapped in flooded homes after Helene roared ashore as a powerful Category 4 hurricane in Florida, generating a massive storm surge and knocking out power to millions of customers in several states. At least 21 people were reported dead in four states.Georgia Gov. Brian Kemp said dozens of people were still trapped in buildings damaged by Helene. Authorities were “having a hard time getting to places” so teams with chainsaws were “working to free up roads,” Kemp told a news conference.The…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailJulien Dumoulin-Smith, Jefferies analyst, joins ‘Fast Money’ to discuss GE Vernova as the stock of the energy company is having a tremendous run this year. Source link
Former President Donald Trump calls himself a “tariff man” and says the taxes on imported goods “are the greatest thing ever invented,” so it’s no surprise Vice President Kamala Harris has attacked the centerpiece of the GOP nominee’s economic agenda as bad policy.What’s more surprising, however, is that one House Democratic just introduced a bill to codify Trump’s 10% across-the-board tariffs, revealing how the long-dormant trade policy splits both parties.Tariffs can trace their roots to ancient Athens and other historical civilizations and were the main source of revenue for the federal government until 1914, when the income tax supplanted them. But they largely fell out of…
Usually when I want to unearth my love of baseball, I call my good friend Carlos Jackson. Nobody in my circle of life loves baseball more than him. His dad took him to the 1990 World Series when he was 7 years old. Some days when school ended at Encinal High, he’d make his way by himself to the Coliseum and just go to the A’s game. If he wasn’t a man of faith, he’d fight you over Ken Griffey Jr.So on the cusp of the A’s final game in Oakland, allegedly, I called Los. To hear his passion for…
