By Elias Schisgall

Cava reported 32% sales growth in its latest quarter and boosted its full-year guidance, citing increased traffic and the restaurant chain's value proposition. Shares gained 6.7% to $83.36 in after-hours trading on Tuesday.

Red Robin Gourmet Burger reported a smaller decline in revenue and same-store sales than Wall Street analysts were expecting. The stock rose 15% to $4.44 after the bell.

Mayville Engineering said it launched an underwritten public offering to repay debt under a credit facility. Shares sank 11% to $21.05.

Viavi Solutions said it would offer $500 million of stock to repay debt. Shares fell 7.1% to $45.79.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

May 19, 2026 19:16 ET (23:16 GMT)

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