CAVA Group (CAVA) Q1 Earnings & Revenues Beat Estimates
CAVACAVA (CAVA) zacks.com·2024-05-29 22:31

CAVA Group, Inc. (CAVA) reported fiscal first-quarter 2024 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate for the fourth straight time.Thanks to CAVA Group’s versatile Mediterranean concept and strong economic model, the company achieved its fourth straight quarter of net income and, for the first time, positive free cash flow. The company’s results also benefited from robust same restaurant sales.Earnings & Revenues DiscussionThe company reported adjusted earnings per sh ...