CAVA Group (NYSE:CAVA) shares jumped 12.7% after the fast-casual chain beat second-quarter estimates on both revenue and earnings, with same-restaurant sales climbing 9% and easing investor concerns over a recent cyclospora-linked slowdown in the sector. Revenue rose 31.3% year-over-year to $365.4 million, topping estimates of $361 million, while adjusted earnings per share came in at $0.19, ah...
Cava saw 9% same-restaurant sales growth in Q2.
Stock futures are higher after two days of losses for major indexes as investors digest tech sector earnings reports and await a key inflation reading; the July CPI report is expected to show a second straight month of cooling inflation; CoreWeave stock is surging after the cloud provider reported strong quarterly results; Super Micro Computer shares are also gaining thanks to a strong outlook;...
The Mediterranean fast-casual restaurant chain posted a profit of $23 million as same-store sales rose 9%.
Cava Group says some diners have switched up their orders to avoid lettuce, but the fast-casual chain has still been able to sport sales growth despite a summer of food-safety scares impacting the restaurant industry writ large.
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 12, 2026. “Our second quarter results underscore the continued strength of our category-defining brand and the reson...
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