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.

CAVA benefits from strong positioning in the growing Mediterranean dining space. The company's ability to innovate with menu offerings, expand into new markets and leverage technology for operational efficiency bodes well.

CAVA Stock Post-Q3 Triumph: A Growth Story Worth Investing In?

Cava stock is up roughly 300% since the start of the year. Does its valuation make any sense?

Valuing Cava Stock

Chipotle

Potential for entry into new markets underpins our "Buy" rating for CAVA Group, Inc. and our "Hold" for Chipotle Mexican Grill. While CMG has massive benefits of scale, continuing growth by CAVA will move it to a similar scale in a few years, which will cannibalize CMG sales. While CMG has largely saturated the US domestic market, CAVA has growth opportunities in a large number of states if it can educate Middle America about Mediterranean fare.

Chipotle Has A Viable Challenger: CAVA Is Up And Coming

Cava Shares Jump as Sales Remain Strong. Can the Momentum in the Stock Continue?

Cava Shares Are Up 243% in 2024. Is the Stock Still a Buy?

Dutch Bros

These two chains have far surpassed the S&P 500 this year.

Best Stock to Buy Right Now: Dutch Bros vs. Cava

Cava (CAVA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Cava (CAVA) Run Higher on Rising Earnings Estimates?

Does Cava Group (CAVA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Cava Group (CAVA) Is Up 11.91% in One Week: What You Should Know

Some stocks seem under the radar in some of the most underrated sectors in the market, such as retail stocks, in a world where technology stocks and artificial intelligence are all the hype. One success story in the restaurant industry is Chipotle Mexican Grill Inc. NYSE: CMG, after the stock compounded by over 700% in the past decade to leave the broader S&P 500 behind.

Can CAVA Stock Be the Next Chipotle? Earnings Can Help

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CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

Jim Cramer reviews ten stocks that are up more than 200% so far this year

Spotify

The Dow Jones Industrial Average edged up on Wednesday as investors aimed to extend a post-election rally following an inflation report that met expectations. The blue-chip index rose by 258 points, or 0.3%.

Dow climbs 100 points amid postelection rally and fresh inflation data; Spotify, Cava stocks rise

CAVA Group Inc CAVA shares were climbing on Wednesday after the company reported upbeat third-quarter earnings.

Cava Group Posts Q3 Beat: 'Notable Tangible Sales Drivers,' Analysts Say, Raise Forecasts

Cava Group, Inc. (NYSE: CAVA) appears poised to lead the fast-casual restaurant sector in 2024, with its stock up an impressive 255% year to date. Following a robust third-quarter earnings report and a premarket surge of 17%, Cava's stock is on track to hit an all-time high as markets open today.

Cava Group stock flies to another record high, defying a challenging year for restaurant chains

Cava Group Inc (NYSE CAVA) chief executive Brett Schulman expects the company's stock price to push further up as long as his team keeps its “head down and focus on the mission to bring heart, health, and humanity to food.

Cava stock: what could drive future gains after a 300% year-to-date rally?

Cava delivered another impressive beat for the third quarter, sending shares of the Mediterranean restaurant chain higher and prompting Jefferies to boost its price target on the stock. Analysts raised their price target to $195 from $117 and awarded it a ‘Buy' rating.

Cava has attractive runway ahead following stellar Q3

CAVA Group, Inc. is a well-managed, fast-growing quick-service restaurant with strong fundamentals, but its current valuation is excessively high and unsustainable. Despite exceptional Q3 results and significant growth potential, Cava's stock price is driven by momentum rather than fundamentals. The company's valuation at 15 times '25 sales is unjustifiable, suggesting a potential for significant losses when momentum breaks.

CAVA Group: Don't Be The Last One Dancing When The Music Stops

Why Cava Group Stock Popped Today

Wedbush, for one, issued a Street-high price target for Cava stock after its beat-and-raise quarter. Here's what you need to know.

Cava Stock: Analysts Rush to Raise Price Targets After Earnings

Shares of Cava Group (CAVA) jumped 17% Wednesday, a day after the fast-casual Mediterranean chain reported third-quarter results above expectation and again lifted its fiscal 2024 same-store sales growth outlook.

Cava Stock Surges To All-Time High on Strong Earnings, Sales Outlook

Shares of CAVA Group Inc (NYSE:CAVA) are gapping to new highs today, after the fast-casual restaurant name posted better-than-expected third-quarter earnings and revenue and lifted its full-year sales forecast.

Outperforming Cava Stock Nabs Post-Earnings Record

Cava Group Inc., the Mediterranean-focused fast-casual restaurant chain, is riding a strong wave that shows no sign of cresting with its latest earnings beating Wall Street estimates on every metric, sending the stock up 16% early Wednesday.

Cava is riding a strong wave, but the stock's quadrupling in 2024 has analysts wary

While the top- and bottom-line numbers for Cava (CAVA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cava (CAVA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Instacart (Maplebear Inc.)

Don't consider today's lower trading as anything more than the post-election euphoria beginning to dissipate.

Q3 Earnings for Young Growth Companies: CAVA, CART, SPOT & More

Cava Group (CAVA) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.06 per share a year ago.

Cava Group (CAVA) Q3 Earnings and Revenues Beat Estimates

CAVA Group, Inc. (NYSE:CAVA ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Matt Milanovich - Investor Relations Brett Schulman - Co-Founder and CEO Tricia Tolivar - Chief Financial Officer Conference Call Participants Brian Harbour - Morgan Stanley Chris O'Cull - Stifel Zach Ogden - TD Cowen David Tarantino - Baird Jon Tower - Citi Jeffrey Bernstein - Barclays Brian Vaccaro - Raymond James Ivan Yu - Jefferies Matt Curtis - William Blair Operator Good afternoon, ladies and gentlemen. And welcome to the CAVA Third Quarter 2024 Earnings Conference Call.

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