Cava Group (NYSE:CAVA) just reported results for the second quarter of 2024. Cava Group reported earnings per share of 17 cents. This was above the analyst estimate for EPS of 12 cents. The company reported revenue of $233.50 million. This was 6.83% better than the analyst estimate for revenue of $218.57 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per shar ...

CAVA Group, Inc. (NYSE:CAVA) Q2 2024 Earnings Conference Call August 22, 2024 5:00 PM ET Company Participants Matt Milanovich - Investor Relations Brett Schulman - Co-Founder and Chief Executive Officer Tricia Tolivar - Chief Financial Officer Conference Call Participants David Tarantino - Baird Brian Harbour - Morgan Stanley Andrew Charles - TD Cowen Chris O'Cull - Stifel Andy Barish - Jefferies Sharon Zackfia - William Blair Brian Mullan - Piper Sandler Jon Tower - Citi Rahul Krotthapalli - JPMorgan Jeffr ...

For the quarter ended June 2024, Cava Group (CAVA) reported revenue of $233.5 million, up 35.1% over the same period last year. EPS came in at $0.17, compared to $0.21 in the year-ago quarter. The reported revenue represents a surprise of +5.17% over the Zacks Consensus Estimate of $222.03 million. With the consensus EPS estimate being $0.13, the EPS surprise was +30.77%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Thursday, August 22nd, 2024 Market indexes started the trading session in the green this morning, but steadily ran out of steam as the day wore on. Once afternoon lows had been established in the Dow and S&P 500, they leveled off through the close, while the Nasdaq and the small-cap Russell 2000 dwindled further. We've gotten back roughly to levels where we began the week. The Dow fell -177 points, -0.43% on the day, while the Nasdaq dropped -299 points, -1.67% — the lows for the session across major indexe ...

CAVA | --- | --- | --- | --- | |-------|--------------------------------|-------|-------| | | | | | | | | | | | | Q2 2024 EARNINGS SUPPLEMENTAL | | | | | MATERIALS | | | August 22, 2024 Cautionary Statement Regarding Forward -Looking Statements This presentation contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that reflect our current views with respect to, among other things, our operations and financial performance. Forward-looking statements ...

Cava Group (CAVA) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 30.77%. A quarter ago, it was expected that this Mediterranean restaurant chain would post earnings of $0.04 per share when it actually produced earnings of $0.12, delivering a surprise of 200%. Over the last four quar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 14, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 001-41721 CAVA Group, Inc. (Exact name of registrant as specified in its charter) Delaware 47-3426661 ...

Exhibit 99.1 CAVA GROUP REPORTS SECOND QUARTER 2024 RESULTS ___________________________________________ YEAR OVER YEAR CAVA REVENUE GROWTH OF 35.2% INCLUDING CAVA SAME RESTAURANT SALES GROWTH OF 14.4% ___________________________________________ 18 NET NEW CAVA RESTAURANT OPENINGS DURING QUARTER ___________________________________________ SECOND QUARTER 2024 CAVA RESTAURANT-LEVEL PROFIT MARGIN OF 26.5% ___________________________________________ WASHINGTON, D.C. (August 22, 2024) - CAVA Group, Inc. (NYSE: CA ...

Customers arrive at a Cava restaurant in New York City, U.S., June 22, 2023. Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-thanexpected quarterly earnings and revenue. Shares of the company rose 7% in extended trading. The stock has more than doubled its value this year, bringing Cava's market cap up to about $11.6 billion, as of Thursday's close. Here's what the company reported for the quarter ended July 14 compared with what Wall Street was expec ...

Spencer Platt Thesis CAVA Group Inc. (NYSE:CAVA) has recently become a customer favorite in the chain restaurant business, using their fast-paced twist on Mediterranean food to give consumers the benefits of taste, health, and convenience. After a closer look at the company, I believe CAVA has been indicating future bullish trends. CAVA's recent earnings, stock performance, and technical analysis encourage the notion that the up-and-coming restaurant is here to stay. I believe the firm's recent growth and e ...