Cava Group, Inc.

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CAVA Group, Inc. reports robust Q2 earnings amidst growth initiatives

CAVA Group, Inc. demonstrated strong financial performance in Q2 2023, emphasizing sustainable growth and brand resilience. The company's focus on scaling the business, enhancing digital capabilities, and maintaining profitability positions it for future success. While macroeconomic uncertainties pose challenges, CAVA remains optimistic about its growth trajectory.

CAVA Group reports robust Q3 earnings, eyes growth opportunities

CAVA Group, Inc. demonstrated stellar performance in Q3, emphasizing revenue growth, profitability, and strategic focus on brand development. While facing challenges in labor costs and inflation, the company is well-positioned to capitalize on growth opportunities through expansion and operational enhancements.

CAVA Group, Inc. reports record year in 2023, poised for continued growth and operational excellence in 2024

CAVA Group, Inc. reported strong financial performance in Q4 2023 and full year 2023, positioning the company for continued growth and success in 2024.
Despite challenges such as food cost inflation and labor investments, CAVA's strategic strengths, innovative initiatives, and growth opportunities signal a positive outlook for the company.
With a focus on operational excellence, guest relationships, and financial stability, CAVA is well-equipped to navigate challenges and capitalize on opportunities in the competitive restaurant industry.
The company's record year in 2023, with significant net new restaurant openings and strong unit economics, reflects CAVA's commitment to growth, innovation, and delivering value to shareholders.

CAVA Group reports robust Q1 performance and eyes growth opportunities

CAVA Group, Inc. delivered strong Q1 results with revenue growth, net income, and free cash flow, supported by strategic initiatives and operational excellence.
The company's focus on innovation, community expansion, and customer relationships underpins its growth prospects and market differentiation.
While facing challenges related to cost management and operational adjustments, CAVA remains optimistic about its growth trajectory and opportunities for expansion.
By leveraging its strengths, addressing challenges, and seizing market opportunities, CAVA is positioned to sustain its momentum, drive profitability, and enhance shareholder value.

CAVA Group, Inc. reports stellar Q2 results and eyes strategic growth

CAVA Group, Inc.'s Q2 2024 performance reflects robust financial and operational achievements, driven by strong revenue growth and operational efficiency.
The company's strategic initiatives, strong balance sheet, and focus on innovation position it well for future success and sustained growth in a competitive market.
While facing challenges in a dynamic industry landscape, CAVA has opportunities to expand into new markets, enhance customer engagement, and drive long-term value creation.
Overall, CAVA's Q2 2024 earnings call highlights its resilience, strategic vision, and potential for continued success in the restaurant industry.

CAVA Group reports stellar Q3 results, eyes expansion and innovation

CAVA Group, Inc.'s Q3 2024 performance reflects robust growth across key financial metrics and strategic initiatives.
While facing challenges in operational execution and maintaining growth momentum, the company's strengths in brand, financial position, and innovation position it well for future success.
Opportunities lie in continued expansion, market entries, and leveraging culinary innovations to drive customer engagement and revenue growth.

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Cava Group, Inc. is a holding company, which engages in the operation of restaurants. It operates through the following segments: CAVA, Zoes Kitchen, and Other. The CAVA segment represents the financial results of all CAVA restaurants. The Zoes Kitchen segment focuses on the financial results of all Zoes Kitchen locations. The company was founded by Brett Schulman, Ike Grigoropoulus, Dimitri Moshovitis, and Theodore Xenohristos in 2010 and is headquartered in Washington, DC.

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced that it will participate in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Thursday, March 14, 2024. Brett Schulman and Tricia Tolivar will participate in 1x1 meetings and a fireside chat at 3:00 PM EDT. The fireside chat will be available on the “Events and Presentations”.

CAVA to Participate in J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum

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Cava reported excellent fourth-quarter and full-year earnings. It has ambitious but deliberate growth plans.

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Mediterranean restaurant chain Cava Group Inc. NYSE: CAVA is one of the industry's standouts, returning 60.96% in the past three months. The Cava chart shows the stock is actionable, trading about 4% below its February 29 high of $59.84.

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Cava has excellent numbers, but growth is expected to slow in 2024.

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CAVA Group, Inc. (CAVA) Q4 2023 Earnings Call Transcript

Cava continues to see a surge in interest from diners partly thanks to its successful IPO. The company's growth will slow somewhat in the coming year but it still expects to report strong financial results.

Why Cava Stock Hit a New All-Time High Today

Cava Group Inc (NYSE:CAVA) stock is surging, up 11.2% to trade at $56.16 at last glance, following the fast-casual restaurant's better-than-expected fourth-quarter results.

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The Mediterranean chain topped Wall Street's estimates for both its earnings and revenue.

Cava stock pops after blunder leads to early earnings release

Cava earnings topped fourth-quarter views late Monday. Shares of the Mediterranean-themed eatery, a 2023 IPO, rose solidly overnight.

Cava Earnings Come In Early — And Hot. The Restaurant IPO Jumps Late.

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA) (“CAVA Group” or the “Company”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced financial results for its fiscal fourth quarter and fiscal year ended December 31, 2023. “2023 was a landmark year for CAVA, one that demonstrated our significant whitespace opportunity and the strength of our operating model and Team Members as we define the next big cultural.

CAVA Group Reports Fourth Quarter and Full Year Fiscal 2023 Results

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CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / February 8, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to announce the appointment of two new board of directors members and a new Chief Financial Officer. Board of Directors - Additions: Scott Carter: Scott Carter brings a deep background and experience across several decades of senior leadership and experience in foodservice and supply chain management, most recently as the Chief Executive Officer and Director of National DCP, LLC, a $3B global supply chain solutions provider for the foodservice industry.

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WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, will host a conference call on Tuesday, February 27, 2024 at 5:00 PM Eastern Time to discuss fourth quarter and full year 2023 financial results and provide a business update. A press release with fourth quarter and full year financial results will be issued at approximately 4:10 PM Eastern Time on Tuesday, February 27, 202.

CAVA to Announce Fourth Quarter and Full Year 2023 Financial Results on February 27, 2024

CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / February 6, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to announce that it has launched its Hope and Sesame® Barista Blend Sesamemilk in 20 select Costco Warehouse Stores across the Pacific Northwest region of the United States, including locations in Washington, Oregon, Idaho, and Alaska. This rotation program will be in the store for approximately 12 weeks or while supplies last.

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CAVA Group's (CAVA) fiscal fourth-quarter 2023 results are likely to reflect potential consumer headwinds and a high-cost environment, partially offset by favorable pricing and product mix along with new CAVA restaurant openings.

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Here is how Cava Group (CAVA) and Chipotle Mexican Grill (CMG) have performed compared to their sector so far this year.

News for Cava Group, Inc. Stock (CAVA)