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

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.

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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.

With the Cava (NYSE: CAVA ) initial public offering (IPO) this morning, it's finally official: everyone's favorite Mediterranean fast-casual chain is finally publically traded and is enjoying a prosperous first day on the market. Although not everyone's in agreement over the CAVA stock IPO.

Should Investors Buy Into the CAVA Stock IPO?

Cava Group, the Mediterranean-focused fast-casual restaurant chain that's making its trading debut on Thursday, is confident it has access to enough funding to expand its business and make a profit, according to Chief Financial Officer Tricia Tolivar.

Cava Group CFO is confident restaurant chain will be profitable — but she won't say when

Cava Group – the chain of Mediterranean restaurants started trading on the New York Stock Exchange under the ticker symbol “CAVA” on Thursday. Cava stock is on a tear The restaurant operator priced its initial public offering (IPO) at $22 a share last evening.

Cava stock doubles in market debut: ‘this is just the beginning'

The Mediterranean-style restaurant chain's shares nearly doubled from the IPO price.

Cava Soars in Stock Market Debut, Lifting Hopes for New Listings

Cava's initial public offering of 14.4 million shares was priced Wednesday at $22 a share.

Cava Stock Surges in Trading Debut

Cava's stock hit $45 per share within the first hour on the public stock market.

Cava Stock Skyrockets In IPO—Shares Pop Over 100% In $300 Million Debut

Cava Group Inc.'s stock CAVA received a rather warm reception in its Wall Street debut, as it opened 90.9% above its initial public offering price. The Mediterranean fast-casual restaurant chain's 14.4-million share IPO priced late Wednesday at $22 a share, above the most recently expected range of between $19 and $20 a share.

Cava Group stock cheered in its debut, as it rockets to more than double the IPO price

The parent company of Mediterranean restaurant chain Cava started trading on the New York Stock Exchange.

Mediterranean restaurant chain Cava opens at $42 per share in market debut, after pricing IPO at $22

Cava's blockbuster initial public offering (IPO) comes as restaurant customers look to strike a balance between convenience and quality — the sweet spot for the fast-casual segment. The Mediterranean fast-casual brand shared in a news release Wednesday (June 14) that it brought in about $318 million in its IPO, with 14.

Cava's $318 Million IPO Haul Shows Industry's Turn Toward Fast-Casual

Cava (NYSE: CAVA ), which owns fast-casual Mediterranean restaurants, priced its initial public offering (IPO) today at $22 per share, and CAVA stock will start trading this morning. Here are seven more things to know about the company and the CAVA IPO: Cava raised $318 million through the CAVA IPO.

Cava IPO: 7 Things to Know as CAVA Stock Starts Trading Today

Cava Group Inc, a Mediterranean fast-casual restaurant chain, priced its initial public offering (IPO) at $22 per share, raising its planned valuation from a previously stated range of $1.5 billion to $2.45 billion.  The Washington-based restaurant chain is expected to start trading on Thursday on the New York Stock Exchange under the ticker symbol “CAVA.

Cava prices IPO at $22 per share with staggering $2.5 billion valuation

The fast-casual restaurant chain is expected to make its public debut today as the IPO market shows new signs of life. Cava Group, owner of the fast-casual Mediterranean food chain Cava, is set to have its initial public offering today, Thursday, June 15, 2023.

Cava Group IPO: Stock priced as shares in the restaurant chain are set to begin NYSE trading

Mediterranean fast-casual chain Cava is expected to make its market debut on the New York Stock Exchange using the ticker CAVA.

Mediterranean restaurant chain Cava is going public. More restaurants could follow its lead

Mediterranean fast-casual restaurant chain Cava Group on Wednesday priced its initial public offering of 14.4 million shares at $22 a share, up from a prior range, giving it a valuation of roughly $2.45 billion.

Mediterranean fast-casual restaurant chain Cava prices IPO at $22 a share

CAVA Group is preparing to go public at $19-$20/share, valuing the business north of $2B. The concept is not yet GAAP profitable but has very intriguing restaurant-level metrics that suggest significant potential as they scale. Will CAVA be the next Sweetgreen and flop after IPO, or can they emulate Chipotle's growth?

CAVA Group IPO: Expensive But Interesting

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (“CAVA”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced the pricing of its initial public offering of 14,444,444 shares of its common stock at a price to the public of $22.00 per share. CAVA granted the underwriters in the offering a 30-day option to purchase up to an additional 2,166,666 shares of common stock at the initial public offering price, less underwriting.

CAVA Announces Pricing of Initial Public Offering

Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share on Wednesday, people familiar with the matter told CNBC.

Cava prices IPO at $22 per share, sources say, above stated range

Cava Group raised its planned IPO valuation from $1.5 billion to $2.2 billion and is expected to begin trading this Thursday, June 15, 2023. It appears most investors did not heed our advice; so we are reiterating our warning with details from our reverse discounted cash flow (DCF) model on just how overvalued this. We do not think investors should buy Cava Group's stock if the IPO valuation is anywhere close to the expected valuation.

CAVA IPO Gets More Expensive

It appears investors did not heed my advice; so I am reiterating my warning with details from my reverse DCF model on just how overvalued this IPO is.

CAVA IPO Gets More Ridiculous

Cava Group, the Mediterranean-focused fast-casual restaurant chain, raised the proposed price range for its initial public offering on Monday as it gears up for a deal that's expected to start trading on Thursday.

Cava Group is going public: 5 things to know about the fast-casual Mediterranean restaurant chain

Cava Group Inc has upped the ambitions for its initial public offering. The Mediterranean fast-casual restaurant chain is now targeting a valuation of $2.23 billion.

Cava restaurant group ups its targets in bid to become 2023's latest blockbuster IPO

Cava Group CAVA, , the Mediterranean-focused fast-casual restaurant chain, revised the terms of its initial public offering on Monday, raising its proposed price range to $19 to $20 a share from $17 to $19. The company is planning to list on the New York Stock Exchange under the ticker CAVA.

Cava raises IPO price range to $19 to $20 a share vs. $17 to $19 previously

Cava, a Mediterranean fast-casual restaurant chain. is expected to launch its IPO this week, marking just the 10th company to go public in 2023 while potentially giving a boost to other restaurant stocks.

Cava IPO to spice up restaurant stocks

Azitra Inc

BranchOut Food Inc/OR

Pixie Dust Technologies Inc

Surf Air Mobility Inc

There were no pricings this past week, as the sole scheduled deal delayed Azitra. Electric air travel company Surf Air Mobility filed for a direct listing on the NYSE. Pixie Dust Technologies, a Japanese maker of personal care devices and spatial materials, filed to raise $19 million at a $143 million market cap.

U.S. IPO Weekly Recap: No IPOs, But The Pipeline Gets A Pickup With 3 New Filers

CAVA Group, Inc. has filed proposed terms for a $260 million IPO. The firm operates a growing network of Mediterranean-style fast casual restaurants in the United States. CAVA Group is a more cheaply valued, faster-growing version of Chipotle, but its costs may be rising and at 260 locations the company is still not at operating breakeven.

News for Cava Group, Inc. Stock (CAVA)