CAVA Group, Inc. (CAVA) Tops Q2 EPS by 23c

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CAVA Group Reports Second Quarter 2023 Results

August 15, 2023 4:10 PM EDT

YEAR OVER YEAR CAVA REVENUE GROWTH OF 62.4% DRIVEN BY CAVA SAME RESTAURANT SALES GROWTH OF 18.2%

SECOND QUARTER 2023 CAVA RESTAURANT-LEVEL PROFIT MARGIN OF 26.1%, 400 BASIS POINT INCREASE OVER SECOND QUARTER 2022

16 NET NEW CAVA RESTAURANT OPENINGS DURING QUARTER

WASHINGTON--(BUSINESS WIRE)-- CAVA Group, Inc. (NYSE: CAVA) (CAVA Group or the Company), the category-defining Mediterranean fast-casual restaurant brand that brings heart, health, and humanity to food, today announced financial results for its fiscal second quarter ended July 9, 2023.

Our results in the second quarter demonstrated the... More