NYSE$CAVA

CAVA Group Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Headline financials

Total Revenue

$177M

Previous: $23.8M+643.6%
EPS (adj)

$0.02

Previous: -$13.87+100.1%
Net New CAVA Restaurant Openings

19

Previous: 23-17.4%
CAVA Restaurants

309

Previous: 237+30.4%
Average Unit Volume

$2.64K

Previous: $2.4K+10.1%
Same Restaurant Sales

11.4%

Previous: 14.8%-23.0%
Capital Expenditures

$31.2M

Previous: $32.4M-3.6%
Free Cash Flow

-$7.23M

Previous: -$31.6M+77.1%
Net Income

$2.05M

Previous: -$18.8M+110.9%
Operating Income

$2.85M

Previous: -$19.3M+114.8%
Gross Profit

$27.5M

Previous: $23.8M+15.5%
Cash & Equivalents

$332M

Previous: $39.1M+749.7%
Total Assets

$984M

Previous: $584M+68.5%
Stock-Based Comp

$3.51M

Previous: $965K+263.3%

Revenue & EPS history

CAVA · Revenue · Quarterly

$177M

Q4 2023+643.6%vs Q4 2022
Beat estimate in 10 of 12 quarters(83%)
ActualEstimate

Revenue by segment

CAVA · $175M total across 1 segment · Q4 2023

  • CAVA Restaurants
    $175M+52.5%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+2.0%

Avg return

Earnings day

-1.0%

Avg return

5 days after

-0.4%

Avg return

30 days after

41%

7 / 17 earnings

Positive

+26.4%

Q4 2025

Best reaction

-16.7%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.9%+2.9%+13.9%
Q4 2025+26.4%+15.8%+11.2%
Q3 2025-2.3%-3.9%+3.2%
Q2 2025-16.7%-17.4%-24.7%
Q1 2025-2.6%-15.5%-24.7%
Q4 2024-0.3%-11.7%-13.5%
Q3 2024-0.3%-4.3%-15.2%
Q2 2024+18.6%+14.8%+25.2%
Q1 2023+13.0%+6.8%+12.6%
Q1 2024+6.3%+11.6%+10.4%
Q4 2021+12.7%+15.4%+38.7%
Q4 2023+11.1%+14.3%+35.6%
Q3 2022-6.4%-6.9%-4.3%
Q3 2023-9.0%-9.1%-2.5%
Q4 2022-8.7%-10.1%-23.6%
Q2 2022-8.7%-10.1%-23.6%
Q2 2023-1.9%-9.9%-24.6%
Q1 2022

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