CAVA Group, Inc. (CAVA) Tops Q1 EPS by 13c, Beats on Revenue

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CAVA Group Reports First Quarter 2024 Results

May 28, 2024 4:10 PM EDT

Year Over Year CAVA Revenue Growth of 30.3% Including CAVA Same Restaurant Sales Growth of 2.3%

14 Net New CAVA Restaurant Openings During Quarter

First Quarter 2024 CAVA Restaurant-Level Profit Margin of 25.2%

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 first quarter ended April 21, 2024.

"CAVAs results in the first quarter demonstrate the strength of our category-defining brand, our clear leadership... More