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.

CAVA Group, Inc. appointed Amiee Bayer-Thomas to its Board of Directors effective July 29, 2026. The Board simultaneously increased its size from eight to nine directors to accommodate the new appointment. Ms. Bayer-Thomas currently serves as Chief Retail Officer at Ulta Beauty and will also serve on the Audit Committee and the Nominating, Governance and Sustainability Committee. She is classified as an independent director under New York Stock Exchange rules. CAVA Group, Inc. operates in the fast-casual restaurant industry, specializing in Mediterranean cuisine.

CAVA Group, Inc. amended and restated its Executive Severance Plan on June 22, 2026. Key changes include limiting eligibility to members of the Executive Leadership Team, requiring a Release and Restrictive Covenants Agreement to receive benefits, and implementing a dollar-for-dollar reduction in base salary continuation if the participant earns compensation elsewhere during the severance period. Additionally, the company reduced the standstill period following a Change in Control from five years to two years. The company also held its annual meeting of stockholders, where shareholders elected Brett Schulman and James D. White to the Board of Directors, approved executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as the independent auditor. CAVA Group, Inc. is a restaurant company.