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.

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 got a buy rating and a $70 price target from Argus on Wednesday. The restaurant chain is growing rapidly with its store count reaching 309 at the end of last year.

1 Wall Street Analyst Thinks Cava Stock Is Going to $70. Is It a Buy?

Cava's same-store sales jumped by an impressive 17.9% last year. The restaurant chain opened 72 locations in 2023, bringing its total count to 309.

Cava Is Slowing Down. Here's Why That's Probably a Good Thing for Investors.

Cava has been aggressively growing its business, and it plans to open around 50 new locations this year. It profit margins, however, are slim, and organic sales growth has been slowing down.

Is Cava Group Stock Still a Hot Buy After Rallying 60% This Year?

Netflix

NVIDIA

Featuring Nvidia, Netflix, CAVA, ARM and more, this stock screener highlights top-rated stocks to buy and watch right now.

Nvidia, Netflix And This Hot IPO Join List Of 17 'Perfect' Stocks

Potbelly

Shake Shack

A couple of years have passed since the coronavirus pandemic, but Americans continue to favor dining out. Moreover, that trend has persisted despite the crippling inflationary effect, highlighting the importance of the best restaurant stocks to buy in April.

The 3 Best Restaurant Stocks to Buy in April 2024

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) Just Overtook the 20-Day Moving Average

Brinker International

Kura Sushi USA

Yum China Hlds

Restaurant sales are soaring, which is likely to benefit stocks like CAVA Group, Inc. (CAVA), Brinker International, Inc. (EAT), Yum China Holdings, Inc. (YUMC), Kura Sushi USA, Inc. (KRUS) and Shake Shack Inc. (SHAK).

5 Solid Restaurant Stocks to Buy as Sales Look Poised to Soar

WASHINGTON--(BUSINESS WIRE)--CAVA, the category-defining Mediterranean fast-casual restaurant brand, today announced a nationwide search for guests' best custom bowls. To compete in the company's first-ever Guest Customs Contest, entrants can submit TikTok videos explaining why their go-to custom bowl is the best using the hashtag #CAVACustomContest. Three winners will receive $5,000 in CAVA Rewards credit and see their creations featured on CAVA's digital menu for a limited time. Open to guest.

CAVA Launches Its First Nationwide Search for the Best Guest Custom Bowl

Not for distribution to U.S. news wire services or dissemination in the United States CHICAGO, IL AND VANCOUVER, BC / ACCESSWIRE / April 2, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company") is pleased to announce its execution of a Memorandum of Understanding ("MOU") with a US-based investment fund (the "Fund") to secure up to $7M USD (~$9.5M CAD) in financing. Subject to the completion of due diligence, the receipt of all required regulatory, third party and other approvals, and satisfaction of certain other conditions, the Fund has agreed to act as lead investor together with other US based investors to provide $2M USD ($2.7M CAD) in equity capital through participation in the Offering (as defined below) and $5M US ($6.75M CAD) in debt financing (the "Debt Financing").

Planting Hope (MYLK) Announces New Private Placement and Signs Memo of Understanding for Equity Investment and Credit Facility

Chipotle

There are good reasons to love Chipotle and Cava, but their valuations are high. Kura Sushi shares those fast-casual restaurant operators' attractive qualities.

Love Chipotle Mexican Grill and Cava? This Small Restaurant Stock Might Have Higher Long-Term Upside

The menu isn't the only healthy thing at Cava. The fast-casual restaurant chain has more than tripled from its initial public offering price.

Cava Stock Packs A Fiery Harissa Punch — Can It Deliver Chipotle-Size Growth?

Texas Roadhouse earns the highest-possible 99 Composite Rating alongside Cava and CMG as shares of TXRH serve up a breakout.

Cava Is Just One 'Perfect' Place To Eat. Texas Has More (Sort Of).

Dutch Bros

MercadoLibre

With strong growth, improving profit margins, and a popular concept, Cava could be the next great restaurant stock. MercadoLibre might have the fastest e-commerce delivery times on the planet.

3 Incredible Growth Stocks That Could Skyrocket This Year

Cava ended 2023 on a high note, with strong store growth, revenue gains, and positive earnings. Bullish investors hope Cava can continue rapidly opening new locations, perhaps one day getting to Chipotle's level.

Can Cava Stock Make You a Millionaire One Day?

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CHICAGO, IL and VANCOUVER, BC / ACCESSWIRE / March 22, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(FRA:J94) ("Planting Hope " or the "Company"), a dynamic Food tech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to announce that, further to its news releases dated January 19, 2024 and February 9, 2024, it is has received approval from the TSX Venture Exchange (the " TSXV") to extend the price reservation on its non-brokered private placement by an additional two weeks through Friday, April 5, 2024. The proposed private placement financing is for up to 40,000,000 subordinate voting share units (each a "Unit") at a price per Unit of $0.10 CAD for aggregate gross proceeds of up to $4,000,000 CAD (~$3,000, 000 USD) (the "Offering").

Planting Hope Announces Extension of Non-Brokered Private Placement

Cava has a small store count but a successful model with a wide-open opportunity. Unfortunately, it's expecting comparable-store sales growth to sharply decelerate.

2 Reasons Cava Could Be a Standout Stock in 2024 and 2 Reasons It Could Sink

Airbnb

Astera Labs Inc

Despite moving sideways for much of March, the stock market remains near all-time highs and there are plenty of stocks that are trending upwards. Stocks that suffered during the Covid-19 pandemic and struggled to get their operations back online and their financial house in order now appear to be back on track.

3 Stocks That Could Crush the Market in 2024

American Express

Deckers Outdoor

QUALCOMM

Synopsys

Trade Desk

The stock market offers thousands of investment opportunities for people who want to compound their savings. Some stocks cater to people who want stability and steady cash flow, but other investors are willing to take on more risk for a higher potential return.

The Next Big Stocks to Watch: 7 for Your Must-Buy List

Cava Group (NASDAQ: CAVA) stock price is thriving a few months after going public. It traded at about $43 on its first trading day, then peaked to $57, and crashed to $31 as the momentum faded.

Cava Group stock price analysis: is this the next Chipotle?

CHICAGO, IL AND VANCOUVER, BC / ACCESSWIRE / March 19, 2024 / The Planting Hope Company Inc. (TSXV:MYLK)(OTCQB:MYLKF)(FRA:J94) ("Planting Hope" or the "Company"), a dynamic Foodtech innovation company dedicated to creating breakthrough delicious, sustainable food and beverage solutions through cutting-edge ingredient, formulation, and packaging technology, is pleased to announce, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange ("TSXV") policies. ITG will trade the subordinate voting shares of the Company ("SVS") on the TSXV and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the Company's SVS.

Planting Hope Engages Independent Trading Group as Market Maker

Fortune Brands Innovations Inc

Carrols Restaurant Group

Texas Roadhouse

Keep an eye on Brinker International (EAT), Fortune Brands Innovations (FBIN), CAVA Group (CAVA), Carrols Restaurant (TAST) and Texas Roadhouse (TXRH), which are poised to gain even more on an uptick in retail sales.

5 Top Stocks to Gain on Signs of Household Spending Resilience

Price and promotion might be the key proteins of retail operations, but make no mistake, there's a lot to be learned from what's inside a $13 pita wrap. The fast-casual chain Cava Group offers proof.

8 Fast-Casual Tips Retailers Can Take Away From Cava's Growth Strategy

Celsius Holdings

CrowdStrike

Dell Technologies

Eli Lilly

SoundHound AI Inc

Uber

If you want to know which growth stocks to sell this month, you're in the right place. Growth stocks have had a tremendous start to 2024.

7 Growth Stocks to Sell in March Before They Crash & Burn

Amazon

Costco

Duolingo

e.l.f. Beauty

Microsoft

Visa

Investing in the top stocks to buy can lead to long-term value and get you closer to your financial goals. However, investors must pinpoint these types of stocks from the thousands of publicly traded corporations.

Investing's Elite: 7 Stocks to Win the Market Tournament

Beyond Meat suffers from falling revenue and mounting losses as consumers lose interest. The Cava restaurant chain, capitalizing on a healthy food trend, might satisfy investor appetites.

News for Cava Group, Inc. Stock (CAVA)