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.

Cava Group's stock price surged 152% in the last 52 weeks. The company is opening dozens of restaurants in 2024, aiming for nationwide expansion someday soon.

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Cava is posting impressive same-store sales growth. The company has a huge runway of growth ahead.

Is It Too Late to Buy Cava Stock?

Shares of this fast-casual restaurant business are up more than an AI powerhouse in 2024. Investors seem to be enamored with the company's growth prospects.

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The company has a niche place within Mediterranean cuisine. The increasing store count opens up lots of potential for Cava.

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CAVA benefits from rising customer traffic, robust same-store sales growth and an expanding footprint.

CAVA Stock Rallies 32% in a Month: Still a Buy or Too Late?

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Consumers are still spending money on healthcare and fast-casual dining. AbbVie is a faithful dividend payer with a blockbuster portfolio.

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Young fast-casual chain Cava is growing much faster than Chipotle. Chipotle still sees huge expansion opportunities.

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Cava has posted stunning quarterly results since its IPO last year. Sweetgreen is emerging as another breakout star in the restaurant industry.

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Shares of Cava (CAVA) fell over 5% Tuesday after records showed a major shareholder and several executives sold shares.

Cava Stock Falls from All-Time High as Executives Disclose Stock Sales

Despite a sharp decline in stock prices due to selling by major shareholders, Cava Group Inc. (NYSE: CAVA) still presents a compelling investment opportunity. The stock dropped nearly 8% today after CEO Brett Schulman and CFO Tricia Tolivar announced plans to sell substantial shares.

Why Cava remains a buy despite major shareholders selling substantial stakes

Fast-casual restaurant chain Cava continues to show strong same-store sales growth and build new restaurants.

Cava Stock Is Up Almost 200% This Year. Shares Fall as Insiders Sell.

CAVA Group Inc (NYSE:CAVA) stock is retreating sharply from last session's record highs, down 7.2% at $116.79, after reports that several insiders are selling shares following the stock's latest post-earnings rally.

Cava Stock Falls From Highs as Insiders Sell Shares

Cava Group Inc.'s stock CAVA, +3.11% fell 9% early Tuesday, after the fast-casual Mediterranean restaurant operator's chief executive and other company insiders announced stock sales after a recent spike in the stock price driven by better-than-expected earnings. A flurry of filings with the Securities and Exchange Commission late Monday disclosed that CEO Brent Schulman sold 210,504 shares for $24.868 million, while co-Founder and Chief Concept Officer Ted Xenohristos sold 98,490 shares for $12.387 million.

Cava's stock slides 9% premarket after CEO and other insiders announce stock sales

Mediterranean fast-casual restaurant operator CAVA Group Inc. NYSE: CAVA shocked Wall Street with its stunning second-quarter 2024 earnings release. While the company beat consensus estimates by 4 cents, the real standout metric is the 14.4% YoY comparable sales growth (comps).

CAVA Stock Surges on Q2 Beat: Is It the Next Chipotle?

Cava saw its same-restaurant sales surge in its fiscal Q2. The company has a huge expansion opportunity in front of it.

Cava Stock Continues to Shine. Is It Too Late to Buy It?

CAVA Group's Q2'24 earnings beat expectations, raising FY24 guidance, driven by strong same-restaurant sales growth and minimal price increases. The company plans to expand significantly, adding 22-25 new locations in 2H24 and growing by 15% in eFY25. CAVA brings a unique appeal to Gen Z and younger millennials with healthy, fresh, and customizable food options.

CAVA Group's Growth Is Priced In

CEO Brent Schulman and several key executives and directors disclosed share sales after Cava stock spiked to record highs.

Cava Stock Tumbles Late As CEO, Key Insiders Sell Shares After Earnings Spike

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CAVA Stock Rallies as Earnings Confirm It's a Top Growth Play

The remarkable rally in Cava Group's (CAVA) stock continued after the company was able to exceed Q2 top and bottom line expectations Thursday evening.

Time to Buy the Post Earnings Rally in Cava Group's (CAVA) Stock?

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Profit cushion, position size and a powerful rally start made this stock a hold through earnings.

Why We Held Cava Stock Through Earnings

Shares of burgeoning restaurant chain Cava surged Friday to a fresh all-time high, as the Mediterranean fast casual food company extended its remarkable hot streak since its June 2023 initial public offering.

Cava Stock Roars 20%—Mediterranean Lunch Chain Up Almost 500% Since 2023 IPO

CAVA Group, Inc. stock is surging with strong momentum and growth potential. Dazzling comparable sales and margin expansion. Earnings beat and raise with increased guidance for new store openings and comps are burning shorts.

CAVA Group: A Monster Stock

CAVA Group shares jumped over 16% Friday after the restaurant group showcased growth potential following its strong second-quarter performance. Same-store sales beat expectations by 700 basis points and adjusted EBITDA reaching $34.3 million, well above the consensus estimate of $29.2 million.

News for Cava Group, Inc. Stock (CAVA)