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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 has often been compared to Chipotle Mexican Grill for its promising long-term growth prospects. Last quarter, however, was a bit underwhelming for the business.

This Stock Is Supposed to Be the Next Chipotle, but Its Growth Rate Has Been Slowing -- Drastically

Cava Group has the ingredients for a growth story that lasts years. But the stock trades at over 200 times earnings.

Is It Too Late to Buy Cava Group Stock?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Brokers Suggest Investing in Cava (CAVA): Read This Before Placing a Bet

Dutch Bros

Cava is a profitable and growing fast-casual restaurant chain that's just getting started. Dutch Bros is a profitable and growing coffee shop chain that sees huge growth ahead.

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

After posting impressive Q1 results last week, Cava Group (CAVA) has started to display the expansion that pushed other popular retail restaurant chains to notoriety among investors such as Chipotle Mexican Grill (CMG) and Starbucks (SBUX).

Time to Buy Cava Group's (CAVA) Stock for More Upside After Q1 Earnings?

Cava (NYSE: CAVA ) stock is falling on Thursday as traders worry that institutional investors may be giving up on the restaurant chain company's shares. This concern comes after investor Artal International S.C.A.

Are Institutional Investors Giving Up on Cava (CAVA) Stock?

Cracker Barrel has twice as many restaurants as Cava but is valued at about 90% less. It'll need a turnaround to be a good investment, and management has some ideas.

Don't Look Now, but Cava Is Worth 10 Cracker Barrels. Time to Buy the Stock?

Abercrombie & Fitch

ARM Holdings PLC

Carvana

Robinhood

Eli Lilly

Spotify

Growth stocks continue to drive the market and investor portfolios higher. Several companies with strong catalysts are seeing their sales and profits rise, and that is pushing their share prices to new heights.

Growth Stock Goliaths: 7 Picks That Will Tower Over the Competition

NVIDIA

Featuring Nvidia, Arm, Cava, Chipotle and more, this stock screener highlights top-rated stocks to watch right now.

Nvidia, Cava, Arm Form Cadre Of 21 'Perfect' Stocks

Shares of Cava Group have more than doubled since the company went public in 2023. This Mediterranean restaurant chain's valuation looks expensive now, even if you're optimistic about its growth prospects.

Cava Group Just Hit a New High: Should You Buy the Stock Today?

WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, today launched Grilled Steak, a new menu item available at CAVA's locations across the country. CAVA's Grilled Steak is grass-fed and pasture-raised, seasoned with bold Mediterranean spices like sun-dried tomato powder and smoky Aleppo pepper and fired on the grill in every restaurant. “Our Grilled Steak was two years in the making and, like everything on our menu, is rooted in our Mediterranean.

CAVA Debuts Mediterranean-Inspired Grilled Steak

American Airlines

Chewy

Volume-weighted average prices (VWAP) are on most retail trading indicator lists for a reason: They matter. Volume is one of the most critical inputs for stock prices to move in a specific direction, so investors should watch out for any unusual trading volume spikes (buying or selling volume).

Unusual Trading Volume Could Bring Breakouts in These 3 Names

Cava shares have tripled since October as investor sentiment has improved. Cava is rapidly opening new locations, but same-store sales gains are less impressive.

2 Must-Know Facts Before You Buy Cava Stock Hand Over Fist

Cava posted strong revenue growth as it continues to open more locations. Same restaurant sales were solid although traffic declined in the quarter.

Move Over, Chipotle -- Cava Sees Revenue Surge. Time to Buy the Stock?

CAVA has experienced impressive growth, with a 30.3% YoY revenue increase and a 29.3% increase in restaurant-level profit in Q1 2024. The company is focused on enhancing business performance and operational efficiency through new food options and labor deployment tests. Despite concerns about overvaluation, CAVA's growth metrics suggest that it is a Strong Buy with potential for continued success.

CAVA Q1: Strong Chipotle Competitor

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

Earnings Estimates Rising for Cava (CAVA): Will It Gain?

Featuring Nvidia, Cava, Chipotle and more, this stock screener highlights top-rated stocks to buy and watch right now.

Nvidia, Cava Are Just Two 'Perfect' Stocks. Here Are 21 More.

Lowe's

Old Dominion Freight Line

The stock market might be at an all-time high, but that doesn't mean there aren't bargains to be found. Many great companies have stocks that are on sale right now and ripe for the picking.

3 Low-Priced Stocks Poised for a 30% Breakout

Brinker International

Texas Roadhouse

Wingstop

Stocks like CAVA Group, Inc. (CAVA), Brinker International, Inc. (EAT), Wingstop Inc. (WING) and Texas Roadhouse, Inc. (TXRH) are likely to benefit from the steady growth in restaurant sales.

4 Solid Restaurant Stocks to Buy on Growing Sales

CAVA Group's (CAVA) fiscal first-quarter 2024 results aided by robust same restaurant sales and expansion efforts.

CAVA Group (CAVA) Q1 Earnings & Revenues Beat Estimates

CAVA Group, Inc. (NYSE:CAVA ) Q1 2024 Earnings Conference Call May 28, 2024 5:00 PM ET Company Participants Matt Milanovich - Head of IR Brett Schulman - Co-Founder and CEO Tricia Tolivar - CFO Conference Call Participants Chris O'Cull - Stifel Andrew Charles - TD Cowen David Tarantino - Baird Sharon Zackfia - William Blair John Ivankoe - JPMorgan Ivan Yu - Jefferies Brian Harbour - Morgan Stanley Jon Tower - Citigroup Jeffrey Bernstein - Barclays Brian Mullan - Piper Sandler Maggie Juarez - Raymond James Operator Good afternoon, ladies and gentlemen, and welcome to CAVA's First Quarter 2024 Financial Results Conference call. At this time, all lines are in a listen-only mode.

CAVA Group, Inc. (CAVA) Q1 2024 Earnings Call Transcript

Economic data is also lightening up, along with earnings season, but not quite over.

Nasdaq Hits New Closing High; BOX, CAVA Report Q1

The fast-casual food chain's same-store sales growth slowed even as quarterly earnings beat estimates.

Cava Stock Tumbles After Earnings Beat. Consumers Pulled Back.

Cava Group Inc (NYSE: CAVA) is trading down in extended hours on Tuesday even though it reported market-beating financial results for its first quarter. This is a developing story.

CAVA beats Street estimates in fiscal Q1

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 first quarter ended April 21, 2024. "CAVA's results in the first quarter demonstrate the strength of our category-defining brand, our clear leadership position in Mediterranean and our compelling differentiated value proposition,” said Brett Sc.

News for Cava Group, Inc. Stock (CAVA)