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.

It was a busy day of economic data, with most of Wall Street focused on May's stronger-than-expected retail sales report.

Stock Market Today: Stocks Climb After Solid Retail Sales, Cava IPO

Shares of Mediterranean fast-casual restaurant chain CAVA skyrocketed in their first day of trading on the NYSE.

CAVA Shares Soar on the Restaurant Chain's First Day of Trading

Sweetgreen

Maintaining high growth profitably is tough in the competitive restaurant business.

Can Cava Deliver on Growth Hopes? Sweetgreen Shows How Tough It Is.

As the IPO market begins to show signs of life again, these are some of the most anticipated IPOs that we might see in 2023. After an 18-month drought, it looks like IPOs are back on the menu at the New York Stock Exchange.

After Cava's blockbuster IPO, these companies could be next

Cava Group is a restaurant company that specializes in Mediterranean food. The stock is too hot for me to handle, and that's why I'll be watching one important metric from the sidelines for now.

Why Cava Stock Skyrocketed In Its Public Debut

The initial public offering (IPO) market isn't dead after all. One of the hottest new IPOs to hit the market has done so today, with Cava (NYSE: CAVA ) officially starting trading.

Why Is CAVA Stock Up 90% on Its First Day of Trading?

Cava is expected to launch its IPO this week, marking just the 10th company to go public in 2023, potentially giving a boost to other restaurant stocks.

Cava IPO could spice up restaurant stocks, initial share price almost doubles

NEW YORK , June 15, 2023 /PRNewswire/ -- On June 15 th, CAVA Group Inc. ("Cava") (NYSE: CAVA), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, began trading on NYSE, having priced its initial public offering of 14,444,444 shares at $22.00 per share. The Invus Group, LLC ("Invus"), through its affiliate Artal International S.C.A.

The Invus Group Congratulates CAVA on NYSE IPO

The first debut of a restaurant in two years tests a hungry market at a volatile time.

Fast-Casual Restaurant Chain Cava Soars Past IPO Target Price In First Day Of Trading

Investors are warming up to IPOs this year after a volatility-fueled 2022 curbed appetite for new listings and fueled a risk-off sentiment.

Cava restaurant chain soars in stock market debut, hits $4.7B valuation

With the Cava (NYSE: CAVA ) initial public offering (IPO) this morning, it's finally official: everyone's favorite Mediterranean fast-casual chain is finally publically traded and is enjoying a prosperous first day on the market. Although not everyone's in agreement over the CAVA stock IPO.

Should Investors Buy Into the CAVA Stock IPO?

Cava Group, the Mediterranean-focused fast-casual restaurant chain that's making its trading debut on Thursday, is confident it has access to enough funding to expand its business and make a profit, according to Chief Financial Officer Tricia Tolivar.

Cava Group CFO is confident restaurant chain will be profitable — but she won't say when

Cava Group – the chain of Mediterranean restaurants started trading on the New York Stock Exchange under the ticker symbol “CAVA” on Thursday. Cava stock is on a tear The restaurant operator priced its initial public offering (IPO) at $22 a share last evening.

Cava stock doubles in market debut: ‘this is just the beginning'

The Mediterranean-style restaurant chain's shares nearly doubled from the IPO price.

Cava Soars in Stock Market Debut, Lifting Hopes for New Listings

Cava's initial public offering of 14.4 million shares was priced Wednesday at $22 a share.

Cava Stock Surges in Trading Debut

Cava's stock hit $45 per share within the first hour on the public stock market.

Cava Stock Skyrockets In IPO—Shares Pop Over 100% In $300 Million Debut

Cava Group Inc.'s stock CAVA received a rather warm reception in its Wall Street debut, as it opened 90.9% above its initial public offering price. The Mediterranean fast-casual restaurant chain's 14.4-million share IPO priced late Wednesday at $22 a share, above the most recently expected range of between $19 and $20 a share.

Cava Group stock cheered in its debut, as it rockets to more than double the IPO price

The parent company of Mediterranean restaurant chain Cava started trading on the New York Stock Exchange.

Mediterranean restaurant chain Cava opens at $42 per share in market debut, after pricing IPO at $22

Cava's blockbuster initial public offering (IPO) comes as restaurant customers look to strike a balance between convenience and quality — the sweet spot for the fast-casual segment. The Mediterranean fast-casual brand shared in a news release Wednesday (June 14) that it brought in about $318 million in its IPO, with 14.

Cava's $318 Million IPO Haul Shows Industry's Turn Toward Fast-Casual

Cava (NYSE: CAVA ), which owns fast-casual Mediterranean restaurants, priced its initial public offering (IPO) today at $22 per share, and CAVA stock will start trading this morning. Here are seven more things to know about the company and the CAVA IPO: Cava raised $318 million through the CAVA IPO.

Cava IPO: 7 Things to Know as CAVA Stock Starts Trading Today

Cava Group Inc, a Mediterranean fast-casual restaurant chain, priced its initial public offering (IPO) at $22 per share, raising its planned valuation from a previously stated range of $1.5 billion to $2.45 billion.  The Washington-based restaurant chain is expected to start trading on Thursday on the New York Stock Exchange under the ticker symbol “CAVA.

Cava prices IPO at $22 per share with staggering $2.5 billion valuation

The fast-casual restaurant chain is expected to make its public debut today as the IPO market shows new signs of life. Cava Group, owner of the fast-casual Mediterranean food chain Cava, is set to have its initial public offering today, Thursday, June 15, 2023.

Cava Group IPO: Stock priced as shares in the restaurant chain are set to begin NYSE trading

Mediterranean fast-casual chain Cava is expected to make its market debut on the New York Stock Exchange using the ticker CAVA.

Mediterranean restaurant chain Cava is going public. More restaurants could follow its lead

Mediterranean fast-casual restaurant chain Cava Group on Wednesday priced its initial public offering of 14.4 million shares at $22 a share, up from a prior range, giving it a valuation of roughly $2.45 billion.

Mediterranean fast-casual restaurant chain Cava prices IPO at $22 a share

CAVA Group is preparing to go public at $19-$20/share, valuing the business north of $2B. The concept is not yet GAAP profitable but has very intriguing restaurant-level metrics that suggest significant potential as they scale. Will CAVA be the next Sweetgreen and flop after IPO, or can they emulate Chipotle's growth?

News for Cava Group, Inc. Stock (CAVA)