Earnings ·
CAVA Group reported fiscal second quarter 2026 results ending July 12, 2026, with revenue increasing 31.3% to $365.4…
CAVACava Group, Inc.
CAVA Group reported fiscal second quarter 2026 results ending July 12, 2026, with revenue increasing 31.3% to $365.4 million and net income rising 25.3% to $23.0 million. Same-restaurant sales grew 9.0%, driven by a 5.3% increase in guest traffic and 3.7% from menu price and product mix. The company opened 17 net new restaurants, bringing the total count to 476, while average unit volume reached $3.1 million. Restaurant-level profit margin was 25.7%, down 60 basis points year-over-year due to input costs for a new salmon menu item and higher third-party delivery mix. Adjusted EBITDA grew 30.0% to $54.7 million, and free cash flow was $44.8 million year-to-date. CAVA reaffirmed its full-year guidance of 75-77 net new restaurant openings, same-restaurant sales growth of 4.5%-6.5%, and adjusted EBITDA between $181.0 million and $191.0 million. CAVA Group operates in the fast-casual dining industry as a Mediterranean restaurant chain.