CAVA Group Inc (CAVA) PT Raised to $115 at Citi

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CAVA Group Reports Second Quarter 2024 Results

August 22, 2024 4:10 PM EDT

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--(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 14, 2024.

"Our results in the second quarter continued to demonstrate the strength of our category-defining brand and... More