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.

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (“CAVA”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced the pricing of its initial public offering of 14,444,444 shares of its common stock at a price to the public of $22.00 per share. CAVA granted the underwriters in the offering a 30-day option to purchase up to an additional 2,166,666 shares of common stock at the initial public offering price, less underwriting.

CAVA Announces Pricing of Initial Public Offering

Mediterranean fast-casual restaurant chain Cava priced its initial public offering at $22 per share on Wednesday, people familiar with the matter told CNBC.

Cava prices IPO at $22 per share, sources say, above stated range

Cava Group raised its planned IPO valuation from $1.5 billion to $2.2 billion and is expected to begin trading this Thursday, June 15, 2023. It appears most investors did not heed our advice; so we are reiterating our warning with details from our reverse discounted cash flow (DCF) model on just how overvalued this. We do not think investors should buy Cava Group's stock if the IPO valuation is anywhere close to the expected valuation.

CAVA IPO Gets More Expensive

It appears investors did not heed my advice; so I am reiterating my warning with details from my reverse DCF model on just how overvalued this IPO is.

CAVA IPO Gets More Ridiculous

Cava Group, the Mediterranean-focused fast-casual restaurant chain, raised the proposed price range for its initial public offering on Monday as it gears up for a deal that's expected to start trading on Thursday.

Cava Group is going public: 5 things to know about the fast-casual Mediterranean restaurant chain

Cava Group Inc has upped the ambitions for its initial public offering. The Mediterranean fast-casual restaurant chain is now targeting a valuation of $2.23 billion.

Cava restaurant group ups its targets in bid to become 2023's latest blockbuster IPO

Cava Group CAVA, , the Mediterranean-focused fast-casual restaurant chain, revised the terms of its initial public offering on Monday, raising its proposed price range to $19 to $20 a share from $17 to $19. The company is planning to list on the New York Stock Exchange under the ticker CAVA.

Cava raises IPO price range to $19 to $20 a share vs. $17 to $19 previously

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

Cava IPO to spice up restaurant stocks

Azitra Inc

BranchOut Food Inc/OR

Pixie Dust Technologies Inc

Surf Air Mobility Inc

There were no pricings this past week, as the sole scheduled deal delayed Azitra. Electric air travel company Surf Air Mobility filed for a direct listing on the NYSE. Pixie Dust Technologies, a Japanese maker of personal care devices and spatial materials, filed to raise $19 million at a $143 million market cap.

U.S. IPO Weekly Recap: No IPOs, But The Pipeline Gets A Pickup With 3 New Filers

CAVA Group, Inc. has filed proposed terms for a $260 million IPO. The firm operates a growing network of Mediterranean-style fast casual restaurants in the United States. CAVA Group is a more cheaply valued, faster-growing version of Chipotle, but its costs may be rising and at 260 locations the company is still not at operating breakeven.

IPO Update: CAVA Group Readies $260 Million U.S. IPO Effort

Cava Group Inc. has set terms for its initial public offering, in which the Washington, D.C.-based Mediterranean-focused fast-casual restaurant looks to raise up to $247.4 million.

Cava sets IPO terms, as restaurant chain is set to be valued at more than $2 billion

WASHINGTON--(BUSINESS WIRE)--CAVA Group, Inc. (“CAVA”), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced the launch of its initial public offering of 14,444,444 shares of its common stock pursuant to a registration statement filed with the Securities and Exchange Commission (the “SEC”). CAVA expects to grant the underwriters in the offering a 30-day option to purchase up to an additional 2,166,666 shares of common.

CAVA Announces Launch of Initial Public Offering

Fast casual eatery Cava is reportedly set to begin promoting its initial public offering (IPO). Executives from the Mediterranean-themed restaurant chain plan to begin a roadshow to attract investors as soon as Tuesday, the Wall Street Journal reported Sunday (June 4).

Cava Prepares IPO Roadshow Amid Fast-Casual Recovery

The coming offering is seen as key test for money-losing companies seeking to go public.

Restaurant Chain Cava Set to Launch IPO

CAVA Group, a Mediterranean fast-casual restaurant, is expected to be valued at around $1.5 billion after filing its S-1 on May 19, 2023. Despite rapid expansion, CAVA Group is running out of good expansion opportunities and faces increased expenses in the near future. Investors are advised not to buy CAVA Group's stock if the IPO valuation is close to the expected valuation due to its unprofitability and high-risk status.

CAVA Group: Running Out Of Cheaper Expansion Opportunities

Cava Group, the Mediterranean-focused fast-casual restaurant, has filed for an initial public offering, which is expected in the coming weeks.

Fast-casual restaurant chain Cava Group's IPO documents raise some red flags: analyst

Not only is the business running out of a cheaper source of store expansions, but it is also running out of capital to sustain its business.

Don't Bailout This IPO ‘CAVAstrophe'

CAVA Group has filed to raise growth capital in a U.S. IPO. The firm operates a network of fast-casual Mediterranean restaurants in the U.S., which some refer to as the 'Chipotle' for Greek food.

CAVA Group Files For U.S. IPO To Fuel Expansion Plans

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Two small deals priced this past week, neither of which were eligible for inclusion in our IPO stats, while one issuer delayed to the week ahead. The week's news was driven by Cummins spin-off Atmus Filtration, which launched its $275 million IPO, and restaurant chain CAVA Group, which filed to raise $100 million.

News for Cava Group, Inc. Stock (CAVA)