Iowa State University and the Iowa High School Athletic Association announced a five-year deal Tuesday morning to host the ...
The Washington, D.C.-based restaurant chain specializes in pitas and bowls that can be filled with choices like falafel, ...
Piper Sandler upgraded CAVA Group (NYSE:CAVA) to an Overweight rating on Friday after having the restaurant stock slotted at Neutral. Analyst Brian Mullan and his team see CAVA (NYSE:CAVA ...
D.C.-based CAVA, the Mediterranean fast-casual chain that has grown to almost 400 locations since opening its first restaurant in Bethesda in 2011, continued opening new locations last year ...
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Cava Group (CAVA) Q4 2024 Earnings Call Transcript21.2% CAVA same-restaurant sales growth, including a 15.6% increase in traffic; 15 net new restaurant openings, ending the year with 367 restaurants; an 18.8% increase year over year, adjusted ...
For the quarter ended December 2024, Cava Group (CAVA) reported revenue of $227.4 million, up 28.4% over the same period last year. EPS came in at $0.05, compared to $0.02 in the year-ago quarter.
The increase was driven by 77 net new CAVA restaurant openings during the quarter and same-restaurant sales growth of 21.2%, including traffic growth of 15.6%. CAVA's restaurant-level profit ...
CAVA Restaurant-Level Profit excludes pre-opening costs; “CAVA Restaurant-Level Profit Margin” represents CAVA Restaurant-Level Profit as a percentage of CAVA Revenue; “CAVA Restaurants ...
For 2025, CAVA forecasts opening 62-66 new restaurants and achieving a 6-8% growth in same-restaurant sales. The company projects an adjusted EBITDA of $150-157 million and plans a modest 1.7% ...
CAVA Same Restaurant Sales Growth: 21.2% versus 18.3% estimated by eight analysts on average. End of period CAVA Restaurants: 367 compared to the 366 average estimate based on seven analysts.
The company also reported for the fourth-quarter: Net new CAVA Restaurant Openings of 15, bringing total CAVA Restaurants to 367, an 18.8% increase in total CAVA Restaurants year over year.
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