CAVA -Cava (CAVA) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Cava Group (CAVA) reported a revenue of $227.4 million for the quarter ended December 2024, reflecting a year-over-year increase of 28.4% [1] - The earnings per share (EPS) for the quarter was$ 0.05, up from $0.02 in the same quarter last year, although it fell short of the consensus estimate of$ 0.06 by 16.67% [1] - The revenue exceeded the Zacks Consensus Estimate of $225.54 million by 0.82% [1] Financial Performance - Same Restaurant Sales Growth was reported at 21.2%, surpassing the estimated 18.3% by analysts [4] - The total number of CAVA restaurants at the end of the period was 367, slightly above the average estimate of 366 [4] - CAVA opened 15 new restaurants, including converted Zoes Kitchen locations, matching the average estimate [4] - Revenue from CAVA restaurants was$ 225.10 million, exceeding the average estimate of $223.32 million, representing a year-over-year change of 28.3% [4] - Restaurant-Level profit was reported at$ 50.41 million, which was below the estimated $55.16 million [4] Stock Performance - Cava's shares have declined by 15.3% over the past month, compared to a 1.8% decline in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]