CAVA | --- | --- | --- | --- | |-------|------------------|-------|-------| | | | | | | | | | | | | Q3 2024 EARNINGS | | | | | SUPPLEMENTAL | | | | | MATERIALS | | | November 12, 2024 Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that reflect our current views with respect to, among other things, our operations and financial performance. Forward-looking statements in ...

CAVA Group, Inc. (NYSE:CAVA) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Matt Milanovich - Investor Relations Brett Schulman - Co-Founder and CEO Tricia Tolivar - Chief Financial Officer Conference Call Participants Brian Harbour - Morgan Stanley Chris O'Cull - Stifel Zach Ogden - TD Cowen David Tarantino - Baird Jon Tower - Citi Jeffrey Bernstein - Barclays Brian Vaccaro - Raymond James Ivan Yu - Jefferies Matt Curtis - William Blair Operator Good afternoon, ladies an ...

Exhibit 99.1 CAVA GROUP REPORTS THIRD QUARTER 2024 RESULTS ___________________________________________ YEAR OVER YEAR CAVA REVENUE GROWTH OF 39.0% INCLUDING CAVA SAME RESTAURANT SALES GROWTH OF 18.1% ___________________________________________ 11 NET NEW CAVA RESTAURANT OPENINGS DURING QUARTER ___________________________________________ THIRD QUARTER 2024 CAVA RESTAURANT-LEVEL PROFIT MARGIN OF 25.6% ___________________________________________ WASHINGTON, D.C. (November 12, 2024) - CAVA Group, Inc. (NYSE: CA ...

CAVA Group, Inc. (CAVA) is slated to release third-quarter 2024 results on Nov. 12, after the closing bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 30.58%. CAVA surpassed earnings estimates in the trailing four quarters. The average surprise in this period is 257.7%, as shown in the chart below. Image Source: Zacks Investment Research Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.CAVA’s Q3 Estimate RevisionsThe Zacks Consensus Estim ...

Cava Group (CAVA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inv ...

Cava Group (CAVA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...

The broader U.S. equity markets have witnessed significant volatility over the past few trading days. Solid earnings from blue-chip technology stocks led a stock market rally, while a seemingly tight race for the Presidential elections triggered a sharp decline. The downtrend was also fueled by concerns regarding a potential rate cut by the Federal Reserve later this week.The soft labor market conditions added to the cacophony with the economy adding just 12,000 jobs in October, far below the broader estima ...

The latest trading session saw Cava Group (CAVA) ending at $132.12, denoting a +0.45% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq lost 0.33%.Shares of the Mediterranean restaurant chain have appreciated by 3.89% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 1.01% and the S&P 500's gain of 0.41%.The upcoming earnings release of Cava Group will be of great interes ...

Cava has a lot of potential to get bigger in the future, but are investors already pricing in a lot of that growth?One of the hottest food stocks to own this year has been that of Cava Group (CAVA -0.19%). The Mediterranean restaurant chain went public last year, and while it didn't get off to a great start, 2024 has been a much better year for the stock. Year to date, Cava's valuation has risen by more than 220%, and it's currently trading around its 52-week high. What's behind the stock's impressive rally ...

Cava Group (CAVA) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this Mediterranean restaurant chain have returned +8.9%, compared to the Zacks S&P 500 composite's +1% change. During this period, the Zacks Retail - Restaurants industry, which Cava falls in, has lost 2.2%. The key question now is: What could be the stock's future direction?Although media ...