CAVA Group's shares rose 12.7% following a strong Q2 performance with revenue up 31.3% to $365.4 million and adjusted EPS beating estimates at $0.19. Same-restaurant sales grew 9%, easing concerns over a recent cyclospora-linked slowdown. The company opened 17 new restaurants, with digital sales accounting for 39% of revenue, and reaffirmed its full-year guidance including adjusted EBITDA of $181-$191 million. Analysts noted improving sales trends partly due to a new glazed salmon menu item and sustained demand across income groups.
Lettuce prices fell sharply by 16.4% in July, marking the largest one-month decline on record, driven by consumer avoidance due to a multistate cyclospora outbreak linked to contaminated lettuce. Despite this drop, prices remain about 7.5% higher tha...
CAVA reported strong Q2 2026 results with earnings of $0.19 per share and revenues of $368.44 million, beating estimates and showing significant growth. The company expanded by opening 17 new restaurants, increasing its total locations by 19.6% year-...
CAVA Group, a Mediterranean fast-casual chain often compared to Chipotle, is scheduled to release its quarterly earnings on August 11, 2026. Analysts forecast earnings per share (EPS) of around $0.18 and revenue near $360 million, marking a 25.9% inc...
