Company Overview - Cava Group (CAVA) is expected to report a year-over-year decline in earnings of 23.5%, with quarterly earnings estimated at $0.13 per share, while revenues are projected to increase by 22.7% to $286.56 million [3][12]. Earnings Expectations - The consensus EPS estimate has been revised 0.9% lower in the last 30 days, indicating a reassessment by analysts [4]. - The upcoming earnings report is anticipated to be released on August 12, and the stock may react positively if actual results exceed expectations [2][12]. Earnings Surprise Prediction - Cava's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.89%, suggesting a potential for an earnings beat [12]. - However, Cava currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [12]. Historical Performance - In the last reported quarter, Cava exceeded expectations by delivering earnings of $0.22 per share against an expected $0.14, resulting in a surprise of +57.14% [13]. - Over the past four quarters, Cava has beaten consensus EPS estimates three times [14]. Industry Context - In the broader context of the Zacks Retail - Restaurants industry, Restaurant Brands (QSR) is expected to post earnings of $0.97 per share, reflecting a year-over-year increase of 12.8%, with revenues projected at $2.34 billion, up 12.6% [18][19].
Earnings Preview: Cava Group (CAVA) Q2 Earnings Expected to Decline