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 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.

CAVA Group, Inc. (CAVA) Q3 2024 Earnings Call Transcript

Cava Group Inc. shares jumped more than 15% in the extended session Tuesday after the fast-casual restaurant chain presented investors with another double-digit rise in foot traffic and raised its outlook for the year.

Cava's stock rallies 15% as Chipotle competitor vies to be ‘next major cultural cuisine'

Same-restaurant sales grew by 18% year over year.

Fast-Casual Restaurant Cava Posts Stellar Earnings. The CEO Sees a ‘Tipping Point' in Demand.

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 third quarter ended October 6, 2024. “Our third quarter results demonstrate the strength of our Mediterranean category-defining brand and the broad appeal of our unique value proposition, creating what is quickly becoming the next major cultura.

CAVA Group Reports Third Quarter 2024 Results

Outlook key for Mediterranean-themed restaurant chain Cava after Chipotle invested in rival Brassica. The post Cava Earnings Set To Nearly Double Amid This Rising Threat appeared first on Investor's Business Daily.

Cava Earnings Set To Nearly Double Amid This Rising Threat

CAVA Group (CAVA) stock price has jumped to a record high, making it one of the best-performing cryptocurrencies in the industry. It soared to $151.4 on Monday as investors waited for its third-quarter earnings, which will provide more color about its business.

CAVA Group stock is overvalued: levels to watch after earnings?

It's rare to find a restaurant investment as proven as this one is this early in its existence.

3 Reasons to Buy Cava Stock Like There's No Tomorrow

CAVA benefits from menu innovations and expansion efforts. Its focus on providing high-quality, Mediterranean-inspired meals at competitive prices bodes well.

Buy, Sell or Hold CAVA Stock? Key Tips Ahead of Q3 Earnings

Cava (CAVA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Cava (CAVA) Upgraded to Strong Buy: Here's Why

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Several strong performers, including Cava stock, Shopify and Cisco Systems are next up on another busy earnings calendar. The post Cava Stock, Shopify, Cisco Systems Rally Bullishly Ahead Of Quarterly Reports appeared first on Investor's Business Daily.

Cava Stock, Shopify, Cisco Systems Rally Bullishly Ahead Of Quarterly Reports

Cava Group (CAVA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CAVA crossed above the 20-day moving average, suggesting a short-term bullish trend.

Cava Group (CAVA) Recently Broke Out Above the 20-Day Moving Average

Cava Group (CAVA) closed at $132.52 in the latest trading session, marking a +0.3% move from the prior day.

Cava Group (CAVA) Rises But Trails Market: What Investors Should Know

Cava (CAVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cava Group (CAVA) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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CAVA, CRS and GBX are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

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Cava Group (CAVA) reachead $132.12 at the closing of the latest trading day, reflecting a +0.45% change compared to its last close.

Cava Group (CAVA) Increases Despite Market Slip: Here's What You Need to Know

Chipotle

Chipotle just reported "weak" same-store sales. Get ready for Cava to do the same -- and don't worry too much about it.

Growth Is Slowing Down at Chipotle. Will That Happen at Cava, Too?

Cava has a lot of potential to get bigger in the future, but are investors already pricing in a lot of that growth?

How Much Higher Can Cava Group Stock Go?

Recently, Zacks.com users have been paying close attention to Cava (CAVA). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search CAVA Group, Inc. (CAVA): Here is What You Need to Know

In the latest trading session, Cava Group (CAVA) closed at $138, marking a -0.34% move from the previous day.

Cava Group (CAVA) Stock Dips While Market Gains: Key Facts

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CAVA, ORLA and CVNA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 25, 2024.

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KGC, ORLA, CVNA, CAVA and AVAH have been added to the Zacks Rank #1 (Strong Buy) List on October 25, 2024.

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Cava Group (CAVA) reachead $138.65 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.

Cava Group (CAVA) Laps the Stock Market: Here's Why

I maintain my buy rating on CAVA Group (CAVA) due to its impressive capital management that fuels rapid expansion. CAVA's financial strength is evident with a 35% YoY revenue growth, 14.4% same-store sales increase, and a healthy profit margin of 26.5%. The company's strategic expansion in high-income areas and minimal debt enhances resilience and growth potential, despite current economic uncertainties.

CAVA Group: Don't Fight The Momentum

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The restaurant industry is likely to reap benefits from value-driven strategies, improving store operations and broadening menu selections.

News for Cava Group, Inc. Stock (CAVA)