CAVA Group, Inc. logo CAVA - CAVA Group, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 22
HOLD 6
SELL 0
STRONG
SELL
0
| PRICE TARGET: $89.21 DETAILS
HIGH: $106.00
LOW: $58.00
MEDIAN: $95.00
CONSENSUS: $89.21
UPSIDE: 68.38%
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4
Revenue
Revenue 368.4 438.3 275.0 292.2 280.6 331.8 227.4 243.8 233.5 259.0 177.2 175.6 172.9 203.1 129.9 139.3 135.9 159.0 117.2
Cost of Revenue 272.9 352.5 234.0 237.5 222.7 268.6 176.0 181.2 171.1 193.6 137.3 131.1 127.5 152.5 106.1 112.8 110.3 136.9 100.5
Gross Profit 95.6 85.7 41.0 54.7 57.9 63.3 51.4 62.6 62.4 65.4 39.9 44.5 45.4 50.6 23.8 26.4 25.6 22.1 16.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 39.8 51.0 32.5 31.5 32.1 41.4 28.5 29.8 28.3 33.8 24.7 24.5 23.3 29.0 16.3 16.5 16.3 20.9 16.0
Other Expenses 28.9 0 0 0 0 0 18.9 19.0 17.9 22.3 16.8 17.2 16.3 23.8 26.9 22.1 17.7 21.1 20.3
Operating Expenses 68.7 51.0 32.5 31.5 32.1 41.4 47.5 48.9 46.2 56.1 41.4 41.7 39.7 52.8 43.1 38.6 33.9 42.0 36.3
Operating Income
Operating Income 26.8 34.7 8.4 23.2 25.8 21.9 4.0 13.8 16.1 9.3 (1.6) 2.8 5.8 (2.3) (19.3) (12.2) (8.3) (19.9) (19.7)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0.0 0.3 0.8
Interest Income 3.3 4.1 3.3 3.6 3.6 4.6 3.6 4.1 3.8 4.9 4.2 4.0 0.7 0 0.2 0.1 0 0 0
Profitability
EBITDA 51.5 55.5 24.5 38.3 40.5 41.2 22.9 32.8 34.1 31.5 15.2 20.0 22.1 10.8 (8.1) 9.9 9.3 (6.8) (7)
EBIT 30.6 30.0 6.1 20.7 23.7 20.4 7.9 18.5 20.3 14.2 2.9 8.5 11.4 (2.1) (19.0) (0.2) 0.4 (19.6) (19.7)
Income Before Tax 30.6 30.0 6.1 20.7 23.7 20.4 7.7 17.9 20.0 14.2 2.7 6.9 6.6 (2.1) (18.8) (11.9) (8.2) (20.0) (20.5)
Income Tax Expense 7.6 6.5 1.2 5.9 5.3 (5.4) (70.9) (0.1) 0.3 0.3 0.7 0.0 0.0 0.0 0.0 (0.0) 0.1 0.0 0.1
Net Income 23.0 23.6 4.9 14.7 18.4 25.7 78.6 18.0 19.7 14.0 2.0 6.8 6.5 (2.1) (18.8) (11.9) (8.2) (20.0) (20.5)
Per Share Data
EPS (Basic) 0.20 0.20 0.04 0.13 0.16 0.22 0.69 0.16 0.17 0.12 0.02 0.06 0.21 -1.30 -13.76 -8.96 -6.23 -15.42 -20.87
EPS (Diluted) 0.19 0.20 0.04 0.12 0.16 0.22 0.66 0.15 0.17 0.12 0.02 0.06 0.21 -1.30 -13.76 -8.96 -6.23 -15.42 -20.87
Shares Outstanding 116.6 116.3 116.0 116.0 115.8 115.5 114.7 114.4 114.1 114.0 117.2 47.4 31.3 1.6 1.4 1.3 1.3 1.3 1.0
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3
Current Assets
Cash & Cash Equivalents 322.8 295.8 282.9 284.6 290.2 289.4 366.1 367.2 343.7 329.1 332.4 340.4 352.8 22.7 39.1 72.2
Short-Term Investments 112.8 107.2 110.1 103.1 95.6 79.9 0 0 0 0 0 0 0 0 0 0
Net Receivables 20.6 20.7 19.0 17.2 16.5 15.9 13.0 13.2 13.9 11.7 11.9 12.7 11.9 11.5 7.7 8.5
Inventory 9.8 9.3 9.0 8.6 8.0 7.3 7.6 7.3 7.2 6.3 5.6 5.7 5.4 4.3 5.1 4.5
Other Current Assets 0 11.8 10.0 11.7 8.2 10.6 7.4 5.6 4.9 4.9 5.0 4.8 4.5 0 6.2 4.2
Total Current Assets 479.9 444.7 431.1 425.1 418.5 403.0 394.2 393.3 369.8 352.0 354.9 363.6 374.6 47.0 58.1 89.4
Non-Current Assets
Property, Plant & Equipment 945.1 896.1 846.9 814.5 785.8 738.6 694.7 677.3 659.9 644.5 620.2 613.1 587.4 548.1 516.9 508.7
Goodwill 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9 1.9
Intangible Assets 1.8 1.8 1.8 1.8 1.6 1.6 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 1.4 2.2
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 19.5 19.4 12.9 12.8 12.2 6.3 5.9 5.7 5.5 5.3 5.4 4.9 5.0 5.6 5.5 5.6
Total Non-Current Assets 1,019.9 978.2 929.0 896.9 873.1 825.3 775.6 686.3 668.8 653.1 628.8 621.3 595.8 557.0 525.7 518.5
Total Assets 1,499.8 1,422.9 1,360.0 1,322.0 1,291.6 1,228.4 1,169.7 1,079.5 1,038.5 1,005.1 983.8 985.0 970.4 604.0 583.9 607.9
Current Liabilities
Account Payables 38.0 33.3 37.5 31.1 33.6 26.0 25.6 25.3 20.3 19.4 17.2 13.6 14.2 18.0 14.3 13.1
Short-Term Debt 0 53.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 48.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 193.2 167.5 162.7 158.3 153.7 134.3 132.6 134.4 123.6 111.3 109.0 112.9 114.7 106.1 84.3 90.8
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0.1 0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0.1 0.2 0.3 0.4 662.8 662.8 662.6
Total Non-Current Liabilities 465.3 445.4 417.7 394.7 387.2 367.9 341.5 328.7 319.5 313.0 303.9 306.3 299.9 948.9 948.1 947.5
Total Liabilities 658.5 613.0 580.4 553.0 540.9 502.2 474.1 463.1 443.1 424.3 413.0 419.3 414.6 1,055.0 1,032.4 1,038.3
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0 0 0
Retained Earnings (207.0) (230.0) (253.6) (258.5) (273.3) (291.6) (317.3) (396.0) (413.9) (433.7) (447.7) (449.7) (456.5) (463.1) (460.9) (442.1)
Accumulated Other Comprehensive Income (0.2) (0.0) 0.1 0.1 (0.0) (0.1) 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 841.3 810.0 779.7 769.0 750.7 726.2 695.6 616.4 595.4 580.8 570.8 565.7 555.8 (451.0) (448.5) (430.4)
Total Liabilities & Equity 1,499.8 1,422.9 1,360.0 1,322.0 1,291.6 1,228.4 1,169.7 1,079.5 1,038.5 1,005.1 983.8 985.0 970.4 604.0 583.9 607.9
Debt Metrics
Total Debt 520.7 498.5 466.2 443.3 433.8 412.5 378.7 369.8 359.1 350.8 336.2 342.4 333.6 319.0 314.7 318.3
Net Debt 198.0 202.7 183.3 158.8 143.7 123.1 12.6 2.6 15.4 21.6 3.8 2.0 (19.3) 296.3 275.6 246.1
Metric 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4
Operating Activities
Net Income 23.0 23.6 4.9 14.7 18.4 25.7 78.6 18.0 19.7 14.0 2.0 6.8 6.5 (2.1) (18.8) (11.9) (8.2) (20.0) (20.5)
Depreciation & Amortization 21.0 25.5 18.4 17.6 16.8 20.8 15.0 14.3 13.7 17.3 12.3 11.5 10.7 12.9 10.9 10.0 8.9 12.8 12.7
Stock-Based Compensation 0 6.7 3.5 3.3 4.0 4.5 3.7 3.0 3.0 4.0 0 0 0 0.9 0 0 1.0 0 0
Change in Working Capital 12.7 (0.3) 12.0 3.1 15.1 (8.7) 3.0 6.9 11.7 1.8 5.5 3.2 2.1 11.3 (2.2) 3.2 (3.3) 0.6 (2.2)
Other Non-Cash Items 6.2 2.3 1.1 6.9 6.0 1.7 (70.4) 1.7 0.8 1.3 4.1 4.4 2.1 2.7 10.9 5.4 1.6 4.2 4.8
Operating Cash Flow 70.5 64.1 40.3 45.6 60.3 38.6 29.9 43.9 48.9 38.4 24.0 26.0 21.4 25.7 0.8 6.7 (0.0) (2.4) (5.3)
Investing Activities
Capital Expenditure (41.2) (48.6) (37.4) (44.3) (41.1) (35.9) (27.7) (20.5) (26.2) (33.7) (31.2) (35.1) (33.4) (39.1) (32.4) (26.1) (23.3) (22.3) (17.3)
Acquisitions 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0
Purchases of Investments (43.4) (42.1) (18.5) (15.4) (25.4) (80.5) 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 37.6 40.0 11.7 8.3 4.9 0.5 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (0.1)
Investing Cash Flow (46.9) (50.6) (44.2) (51.4) (61.6) (115.8) (27.7) (20.5) (26.2) (33.7) (31.2) (35.1) (33.4) (39.1) (32.4) (26.1) (23.3) (22.3) (17.4)
Financing Activities
Net Debt Issuance 0 0 0 0 0 0 0.0 0 (0.0) (0.0) (0.0) (0.0) (6.0) (0.0) (0.0) (0.0) (0.0) (0.0) (0.1)
Stock Repurchased 0 0 0 0 0 0 0 0 0 0 (1.5) (0.1) (0.1) (1.4) (0.2) (0.0) (0.0) (0.6) (0.2)
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 0 (0.8) 5.0 0 0 0 (8.7) 1.3 (9.3) (8.0) 0.8 (3.2) 348.2 (1.6) (1.1) 0.0 0.7 (0.7) 0.1
Financing Cash Flow 3.5 (0.6) 2.3 0.1 2.1 0.5 (3.2) 0.0 (8.1) (8.0) (0.7) (3.3) 342.1 (3.0) (1.4) (0.0) 0.7 (1.4) (0.1)
Cash Position
Net Change in Cash 27.0 12.9 (1.7) (5.6) 0.8 (76.8) (1.0) 23.4 14.6 (3.3) (8.0) (12.4) 330.1 (16.4) (33.0) (19.5) (22.7) (26.0) (22.9)
Cash at Beginning 295.8 282.9 284.6 290.2 289.4 366.1 367.2 343.7 329.1 332.4 340.4 352.8 22.7 39.1 72.2 91.7 114.3 140.3 163.2
Cash at End 322.8 295.8 282.9 284.6 290.2 289.4 366.1 367.2 343.7 329.1 332.4 340.4 352.8 22.7 39.1 72.2 91.7 114.3 140.3
Free Cash Flow 29.3 15.5 2.9 1.4 19.2 2.7 2.1 23.4 22.7 4.7 (7.2) (9.1) (11.9) (13.4) (31.6) (19.5) (23.4) (24.7) (22.6)
Key Metrics 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4
Income Statement
Revenue 368.4 438.3 275.0 292.2 280.6 331.8 227.4 243.8 233.5 259.0 177.2 175.6 172.9 203.1 129.9 139.3 135.9 159.0 117.2
Gross Profit 95.6 85.7 41.0 54.7 57.9 63.3 51.4 62.6 62.4 65.4 39.9 44.5 45.4 50.6 23.8 26.4 25.6 22.1 16.6
Operating Income 26.8 34.7 8.4 23.2 25.8 21.9 4.0 13.8 16.1 9.3 (1.6) 2.8 5.8 (2.3) (19.3) (12.2) (8.3) (19.9) (19.7)
Net Income 23.0 23.6 4.9 14.7 18.4 25.7 78.6 18.0 19.7 14.0 2.0 6.8 6.5 (2.1) (18.8) (11.9) (8.2) (20.0) (20.5)
EPS (Diluted) 0.19 0.20 0.04 0.12 0.16 0.22 0.66 0.15 0.17 0.12 0.02 0.06 0.21 -1.30 -13.76 -8.96 -6.23 -15.42 -20.87
Balance Sheet
Cash & Equivalents 322.8 295.8 282.9 284.6 290.2 289.4 366.1 367.2 343.7 329.1 332.4 340.4 352.8 22.7 39.1 72.2
Total Assets 1,499.8 1,422.9 1,360.0 1,322.0 1,291.6 1,228.4 1,169.7 1,079.5 1,038.5 1,005.1 983.8 985.0 970.4 604.0 583.9 607.9
Total Debt 520.7 498.5 466.2 443.3 433.8 412.5 378.7 369.8 359.1 350.8 336.2 342.4 333.6 319.0 314.7 318.3
Stockholders' Equity 841.3 810.0 779.7 769.0 750.7 726.2 695.6 616.4 595.4 580.8 570.8 565.7 555.8 (451.0) (448.5) (430.4)
Cash Flow
Operating Cash Flow 70.5 64.1 40.3 45.6 60.3 38.6 29.9 43.9 48.9 38.4 24.0 26.0 21.4 25.7 0.8 6.7 (0.0) (2.4) (5.3)
Capital Expenditure (41.2) (48.6) (37.4) (44.3) (41.1) (35.9) (27.7) (20.5) (26.2) (33.7) (31.2) (35.1) (33.4) (39.1) (32.4) (26.1) (23.3) (22.3) (17.3)
Free Cash Flow 29.3 15.5 2.9 1.4 19.2 2.7 2.1 23.4 22.7 4.7 (7.2) (9.1) (11.9) (13.4) (31.6) (19.5) (23.4) (24.7) (22.6)