Stock Track | CAVA Group Soars 5.66% in After-Hours on Q2 Earnings Beat and Reaffirmed Guidance

Stock Track
Aug 12

CAVA Group Inc. shares surged 5.66% in after-hours trading on Tuesday, following the release of its fiscal second-quarter results that exceeded Wall Street expectations and a reaffirmed outlook for the full year.

The Mediterranean fast-casual chain reported revenue of $368.4 million, beating the consensus estimate of $360.5 million. Earnings per share came in at $0.19, topping the analyst forecast of $0.18. Same-restaurant sales rose 9.0%, driven by a 5.3% increase in guest traffic, while menu price increases and product mix contributed 3.7% to the growth. The company also noted that 94 net new restaurant openings during or subsequent to the second quarter of 2025 significantly boosted revenue.

CAVA reaffirmed its fiscal 2026 guidance, projecting 75 to 77 net new restaurant openings, same-restaurant sales growth of 4.5% to 6.5%, and adjusted EBITDA between $181 million and $191 million. The upbeat results and steady outlook helped offset concerns over recent food safety outbreaks and macroeconomic uncertainty, which had temporarily slowed sales.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10