Headquartered in Washington, DC Fiscal year ends December NYSE: CAVA cava.com
CAVA Group, Inc. owns and operates CAVA, a Mediterranean fast-casual restaurant brand. Guests choose chef-curated or build-your-own bowls and pitas from more than 17 billion possible ingredient combinations, including a variety of proteins, vegetables, signature dips such as Crazy Feta, and house-made beverages.
As of the fiscal third quarter of 2026, the company operated 500 company-owned CAVA Restaurants, including Hybrid Kitchens with centralized catering capabilities, across 31 states and Washington, D.C. It employs more than 15,000 team members.
Revenue is generated almost entirely through its single CAVA restaurant segment. Digital Orders, placed through the CAVA app, the CAVA website, catering, and third-party marketplace and native delivery, accounted for 38.5% of CAVA Revenue in the quarter. The company also operates Digital Kitchens and restaurants under license agreements.
CAVA's growth model centers on rapid new-unit expansion, targeting 76 to 78 net new restaurants in fiscal 2026, alongside AUVs of about $3.1 million. Its business includes manufacturing and supply chain operations, including production facilities. Updated
Same-restaurant sales slowed to 3.1% from 9.0% last quarter, with a Cyclospora outbreak and fresh-produce jitters costing roughly 150 basis points, and both lines missed expectations. Management still raised full-year comp guidance to 6.0% to 7.0% and lifted its opening target to 76 to 78 restaurants, a bet the slowdown is temporary.
In the third quarter, despite broader industry pressures, we continued to gain market share, expand our footprint, and see strong performance from our new restaurants.
Cava's CEO is claiming share gains while the broader fast casual category slows, a direct rebuttal to the restaurant recession narrative hitting peers. New restaurant performance is the tell investors should track from here.
Same Restaurant Sales grew 3.1%, CAVA Revenue increased 22.1%, and we opened our 500th restaurant ahead of schedule.
Positive comps are getting rare in fast casual, where Sweetgreen keeps sliding and Chipotle cut its forecast, so Schulman's third quarter scorecard sets Cava apart on growth and unit expansion. The 500th store landing ahead of schedule says the buildout pace is holding.
As we look ahead, we will continue investing in our teams and our guests, strengthening the lasting relationships that support durable growth.
Schulman is signaling more spending on labor and guest experience at a $7.2 billion chain, which means margin pressure before it means traffic gains. Investors looking for a near-term profitability inflection just heard the opposite priority on the third quarter call.
"This Market Genuinely Makes no Sense" First time here?
A 166-comment argument over whether AI chipmakers and hyperscalers at teens-to-low-20s P/E are now cheaper than Wingstop, Cava and Starbucks at 34 to 100-plus. The pushback is worth reading: defensive and restaurant multiples only look safe until you price the growth you are paying for.
IDEXX Laboratories opened 16.33% higher, the largest single move across a 380-stock priority universe today. Lumentum anchors the other end, with Oracle and Marvell also lower.
ServiceNow closed down 26.53%, the deepest drop across 382 priority names and more than a quarter of its value gone in one session.
A 32-point gap separates the best and worst names in a 381-stock universe today: ServiceNow and Fortinet both shed roughly 24% while Eli Lilly leads the upside at 7.72%. Positioning set for a quiet session is already wrong.
An 8.33% intraday run to $56.64 adds roughly half a billion dollars to a $6.6 billion restaurant chain in a single session. Moves this size are where the fast-casual name's whole year gets decided, so keep an eye on whether it holds into the close.
Optical and data center names filled four of the five worst spots at this close, led by Applied Optoelectronics at -14%. Accenture's 6.2% gain was the best of a far tamer upside.
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CAVA Group (NYSE: CAVA | CAVA Price Prediction) and Chipotle Mexican Grill (NYSE: CMG) both reported Q3 2025 earnings in late October and early November. CAVA posted 19.9% revenue growth but missed…
CAVA (NYSE: CAVA | CAVA Price Prediction) reported Q3 2025 earnings after the close on Tuesday, delivering results that largely matched expectations but fell short on profitability. The stock closed at $49.12,…
Joel South Live Updates My reaction 4:34pm ETCAVA’s growth narrative hinges on SSS momentum and margin durability — and this quarter showed cracks in comp growth that offset strong new unit economics. Metric Pre-Earnings…
Joel South Live Updates First earnings reaction for CAVA4:31pm ETAfter digesting CAVAs earnings here are my first thoughts: 1. Did same-store sales stay strong?Yes — up 10.8%, with 7.5% traffic growth. That’s a major…
Joel South With the year’s third quarter in the record books, growth investors may be wondering which firms have been standout performers. Undoubtedly, not all growth firms have been able to proceed higher following…
CAVA Group, Inc. owns and operates CAVA, a Mediterranean fast-casual restaurant brand. Guests choose chef-curated or build-your-own bowls and pitas from more than 17 billion possible ingredient combinations, including a variety of proteins, vegetables, signature dips such as Crazy Feta, and house-made beverages.
24/7 Wall St.'s 12-month price target for CAVA is $83.65, rated Buy. The Wall Street consensus target is $81.25. CAVA price prediction →
