Want to see CAVA full AI Analyst Report?
Earnings Data
Report Date
Aug 18, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.16Same Quarter Last Year
Moderate Buy
Based on 22 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reported strong top-line growth, expanding unit economics, healthy adjusted EBITDA expansion, robust cash and liquidity, successful product and technology launches, and ongoing investments in people and systems. Near-term headwinds include margin pressure from the salmon rollout (~100 bps), higher other operating expenses driven by digital/3P delivery mix, increased preopening costs, and potential energy/utility cost impacts (20–40 bps). Management raised guidance for openings and comp ranges while maintaining a cautious view on macro risks and tax/comp dilution; overall the positives (large revenue/EBITDA growth, unit productivity, liquidity, and technology/product progress) materially outweigh the manageable headwinds.Company Guidance
Strong Revenue Growth
Revenue grew 32.2% year-over-year to $434.4 million in Q1 FY26, reflecting robust top-line momentum across the system.
Same-Restaurant Sales and Traffic Expansion
Same-restaurant sales increased 9.7%, driven by positive traffic of 6.8%, indicating both trial and repeat visits improved during the quarter.
Adjusted EBITDA and Profitability Expansion
Adjusted EBITDA was $61.7 million, up 37.6% versus prior year; restaurant-level profit increased 32.3% to $108.9 million and remained 25.1% of revenue, demonstrating strong unit economics and flow-through.
Unit Growth and Productivity
Opened 20 net new restaurants in Q1, ending the quarter with 459 restaurants (20.2% YoY increase). New restaurant productivity is tracking above 100% and systemwide average unit volume (AUV) is now ~$3.0 million.
Cash, Liquidity and Cash Flow Strength
Ended the quarter with zero debt, $403 million in cash and investments, access to a $150 million revolver, operating cash flow of $64.1 million (vs. $38.6M prior year), and $15.5 million of free cash flow in the quarter.
Product and Menu Innovation
Launched pomegranate-glazed salmon nationwide and brought back a popular roasted white sweet potato LTO; early results for salmon are in line with tests and the item is expected to run through at least Q4, supporting variety and trial.
Digital, Data and Operational Investments
Launched modern data platform (KavaCore) and edge-enabled commerce platform (CAVA Current) which are live and processing orders; improvements like kitchen display systems are driving better digital order execution and higher digital mix (~40%).
Loyalty and Marketing Engagement
Loyalty growth and engagement programs (in-app games, athlete partnerships, digital exclusives) produced one of the most engaged digital experiences to date; national awareness increased from 62% to 66% and marketing investment was modestly increased (from ~1.0% to ~1.2% of revenue).
Investments in People and Leadership
Rolled out an assistant general manager (AGM) role with early stores showing outperformance where AGMs are in place; Flavor Your Future talent initiatives highlight internal promotions and leadership development.
CAVA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CAVA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 19, 2026 | $78.12 | $80.53 | +3.08% |
Feb 24, 2026 | $67.80 | $85.67 | +26.36% |
Nov 04, 2025 | $51.70 | $50.37 | -2.57% |
Aug 12, 2025 | $84.50 | $70.45 | -16.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CAVA Group, Inc. (CAVA) report earnings?
CAVA Group, Inc. (CAVA) is schdueled to report earning on Aug 18, 2026, After Close (Confirmed).
What is CAVA Group, Inc. (CAVA) earnings time?
CAVA Group, Inc. (CAVA) earnings time is at Aug 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CAVA EPS forecast?
CAVA EPS forecast for the fiscal quarter 2026 (Q2) is 0.19.



