Quarterly ResultMay 19, 2026, 04:22 PM
CAVA Q1 Revenue +32.2% to $434.4M; Same Restaurant Sales +9.7%
AI Summary
CAVA Group reported strong first-quarter 2026 financial results, with revenue increasing 32.2% to $434.4 million and same restaurant sales growing 9.7%, driven by a 6.8% increase in guest traffic. The company opened 20 net new CAVA restaurants, bringing the total to 459. CAVA also updated its full-year 2026 guidance upwards for net new restaurant openings, same restaurant sales, CAVA restaurant-level profit margin, and Adjusted EBITDA, reflecting confidence in sustained momentum.
Key Highlights
- CAVA Revenue grew 32.2% to $434.4 million in Q1 2026.
- Same Restaurant Sales increased 9.7%, driven by 6.8% Guest Traffic growth.
- Opened 20 net new CAVA restaurants, bringing total to 459.
- CAVA Restaurant-Level Profit Margin was 25.1%, with profit of $108.9 million.
- Adjusted EBITDA grew 37.6% to $61.7 million.
- Full-year 2026 Same Restaurant Sales guidance raised to 4.5%-6.5%.
- Full-year 2026 Adjusted EBITDA guidance raised to $181.0-$191.0 million.
Price Impact
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