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.

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The Afterhours: Disney sued for withholding profits; Cava, Agilent and Stride report earnings

Shares of the Mediterranean restaurant chain Cava are sizzling in extended trading after the company reported its first quarterly profit since going public in June.  Cava posited second-quarter net income of $6.5 million, $0.21 per share, compared to a net loss of $8.2 million, $6.23 per share, a year earlier.

Cava restaurant group serves up first profitable quarter since June IPO

Shares of Cava Group Inc. CAVA jumped 5% after hours on Tuesday after the fast-casual Mediterranean restaurant chain and recent IPO reported second-quarter results that beat expectations. The company reported net income of $6.5 million, or 21 cents a share, contrasting with a loss of $8.2 million, or $6.23 a share, in the same quarter last year.

Cava's stock rallies after results beat expectations

Cava net sales soared 62% to $172.9 million, fueled by new restaurant openings.

Mediterranean restaurant chain Cava swings to a profit in first report since IPO

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 second quarter ended July 9, 2023. “Our results in the second quarter demonstrated the power of our restaurant operating model and the growing appeal of the Mediterranean category, which we are defining. Revenue and profitability reached record.

CAVA Group Reports Second Quarter 2023 Results

If you've been to a Chipotle, then you already understand CAVA Group, Inc. fairly well. It is, in the truest sense, the Chipotle of Mediterranean food. Because I've worked on Chipotle so much over the years, Cava has been fairly easy to understand, and I share some basic findings with you today.

CAVA Group: The Chipotle Of Mediterranean Cuisine

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Walmart stock headlines a busy week of earnings in the retail sector. On Holding and Cava Group are also on the earnings calendar.

Walmart Stock Holds Near All-Time High Ahead Of Earnings; High-Flying On Holding, Cava Group Set To Report

Wall Street weighed in with mostly positive ratings last month. The company will give its first quarterly earnings report on Aug. 15.

Why Cava Group Stock Jumped 39% in July

Sweetgreen

Sweetgreen serves up healthy food, but its top-line growth appears tepid compared to Cava's. Cava is burning far less cash than Sweetgreen, but shareholders may be rewarding the stock too much.

Better Buy: Sweetgreen or Cava?

Shares of the Mediterranean restaurant chain went public recently and have been doing well. The company has generated considerable growth, and there are more opportunities ahead.

Is Cava Stock the Real Deal for Long-Term Investors?

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, August 15, 2023 at 5:00 PM Eastern Time to discuss second quarter 2023 financial results and provide a business update. A press release with second quarter financial results will be issued at approximately 4:10 PM Eastern Time on Tuesday, August 15, 2023. The call will be webcast live.

CAVA To Announce Second Quarter 2023 Results On August 15, 2023

Good food, strong operational performance, and experienced leadership should help Cava grow its store count by roughly fourfold in the coming decade. Investors who buy shares today could be richly rewarded as the young restaurant chain fulfills its tremendous expansion potential.

5 Smart Reasons to Buy Cava Stock Right Now

It has a big opportunity to open new restaurants. Strong comps growth indicates high customer engagement.

3 Reasons Cava Stock Could Soar

Cava shares have soared in their public debut. The restaurant sector is extremely competitive.

Is This Cava Group's Single Biggest Risk?

Cava is drawing comparisons to Chipotle Mexican Grill. Management is targeting 1,000 locations by 2032, which should support years of strong growth.

Could Cava Stock Help You Achieve an Early Retirement?

Cava Group is coming off an eye-popping IPO and has more than 260 locations. Federal Realty Trust owns the D.C.

Like Cava? Owning Shares in Its Landlord Pays Dividends, Too

CAVA's incredible post-IPO rally has put its valuation well above peers. Although CAVA isn't generating revenues comparable to Chipotle yet, I believe it has the potential to reach similar financial success. The company is still in its expansion phase, and it may take years to reach GAAP profitability.

CAVA Group: Striking A Balance Between High Valuation And Promising Growth Prospects

Chipotle

Cava is a hot IPO stock, and it's being compared to Chipotle Mexican Grill. Chipotle is older, but still produces excellent results and has a long growth runway.

Cava vs. Chipotle: Which Stock Is More Likely to Skyrocket?

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Cava has targeted a roughly fourfold increase in restaurant count by 2032. The company could benefit from not one, but two food industry trends.

Is This Recent IPO Stock the Next Starbucks or Chipotle?

CAVA Group's shares have surged almost 90% since its IPO last month, with potential for further growth due to robust unit economics and rapid expansion. The fast-casual Mediterranean restaurant chain is set to benefit from consumer trends favoring health, wellness, and ethnic diversity, and is expanding its presence through digital and hybrid kitchen formats. Despite higher valuation metrics than peers, CAVA's unique positioning and ambitious growth strategy present a promising investment opportunity for long-term, risk-tolerant investors.

CAVA Group: Attractive Despite High Valuation

Cava stock has more than doubled since its IPO. The fast-casual chain is growing rapidly, but that's not enough to guarantee solid returns for investors.

Watch Out: Cava Stock Could Crash by 70% or More

Mediterranean restaurant company Cava managed to execute a successful IPO. Chasing newly public stocks can backfire for many investors.

Cava Stock Has More Than Doubled Since Its IPO: Could It Make You Richer?

Cava's recent hot debut is drawing inevitable comparisons to Chipotle. Digging into the company's financial metrics and business operations shows many similarities to the fast-casual industry stalwart.

News for Cava Group, Inc. Stock (CAVA)