CAVA · NYSE · Restaurants

CAVA (CAVA)

Serves customizable Mediterranean bowls and pitas alongside a smaller grocery foods business.

$53.47
vs last close+1.47 (+2.83%)
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CAVA Group, Inc.CAVA
Consumer Discretionary

Sells chef-curated and customizable Mediterranean bowls and pitas through U.S. restaurants and digital channels, while CAVA Foods supplies restaurant ingredients and packaged dips, spreads, and dressings to grocery stores. Restaurant sales generate nearly all reported revenue, leaving expansion dependent on new-site execution, labor, fresh ingredients, food safety, and menu acceptance.

Runs a U.S. Mediterranean fast-casual chain built around chef-curated and customizable bowls and pitas. CAVA restaurants serve guests in-store and through pickup, delivery, catering, the app, and the website, while CAVA Foods makes dips, spreads, and dressing bases for restaurants and sells packaged products through grocery stores.

Restaurant sales provide nearly all reported revenue, making new-site selection, construction, staffing, menu acceptance, and guest traffic central to the operating model. A former Zoës Kitchen estate accelerated the national footprint through conversions; expansion now depends on a pipeline of newly leased and built locations.

Operations remain concentrated in the United States and depend on fresh-ingredient availability, a limited national distribution network, manufacturing capacity, food safety, labor retention, and third-party delivery marketplaces. Consistent recipes and digital order fulfillment connect restaurant execution with the smaller packaged-food business.

Company facts

CEOBrett Schulman
ListedJun 15, 2023
ExchangeNYSE
HeadquartersWashington, DC
CountryUnited States
Employees13,480
CIK0001639438
ISINUS1489291021

Market cap$6.06B
EPS (ttm)$0.5517
P/E (ttm)94.25
ROE8.3%
P/B7.20
P/S4.41
Dividend yieldDiv yield
Beta1.47vs XLY 0.70

Price target$93.50+79.8%Average of 27 analysts
ConsensusBuy21 of 27 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 15, 2026Seaport GlobalInitiate
Rating: Target:
Rating: BuyTarget: $58
Sep 14, 2026Compass PointUpgrade
Rating:
Rating: Neutral
Aug 13, 2026DA DavidsonReiterate
Rating: Target: $84
Rating: NeutralTarget: $75
Aug 13, 2026GuggenheimReiterate
Rating: Target:
Rating: BuyTarget: $95
Aug 12, 2026KeyBancReiterate
Rating: Target: $105
Rating: OverweightTarget: $95

Next report
Nov 10, 26
in 49 days
EPS estimate
$0.12
Revenue estimate
$360.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.05$0.22$0.16$0.12$0.04$0.20$0.19Pending
Estimate$0.06$0.14$0.13$0.13$0.03$0.17$0.18$0.12
Surprise−16.7%+57.1%+23.1%−7.7%+33.3%+17.6%+3.5%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$227.4M$331.8M$280.6M$292.2M$275.0M$438.3M$368.4MPending
Estimate$329.2M$287.7M$293.9M$267.9M$268.4M$360.5M$360.1M$360.0M
Surprise−30.9%+15.4%−4.5%+9.1%+2.5%+21.6%+2.3%
Estimate$0.12
ReportedDue Nov 10, 2026
Estimate$360.0M
ReportedDue Nov 10, 2026
View details

Debt to equity61.90%
Current ratio248.30%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$243.8M$227.4M$331.8M$280.6M$292.2M$275.0M$438.3M$368.4M
Net income$18.0M$78.6M$25.7M$18.4M$14.7M$4.9M$23.6M$23.0M
Net margin7.4%34.6%7.7%6.5%5.0%1.8%5.4%6.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$13.8M$4.0M$21.9M$25.8M$23.2M$8.4M$34.7M$26.8M
YoY growth+392.6%Turned profit+136.2%+59.9%+68.8%+113.3%+58.7%+4.0%

Balance sheet, Jul 12, 2026Cash & short-term investments $435.6M · Total debt $520.7M · Total assets $1.50B · Shareholders' equity $841.3M

Revenue
$368.4M
Operating income
$26.8M
Net income
$23.0M
View details

No dividends on record.

Institutions90.13%105.27M shares
582 holders · as of Jun 30, 2026
Insiders9.75%11.39M shares
18 holders · as of Sep 16, 2026
Other0.12%141.0K shares
remainder

116.81M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.26%9.65Mas of Jun 30, 2026
International S.C.A. Artal1,2Insiderdirector
8.14%9.51Mfiled Feb 12, 2025
AllianceBernstein L.P.Institution
5.69%6.64Mas of Jun 30, 2026
Artal Group S.A.Institution
5.57%6.51Mas of Jun 30, 2026
FMR LLCInstitution
4.73%5.53Mas of Jun 30, 2026
  1. International S.C.A. Artal's transaction reports restate only vehicles that traded; the 2025 ownership statement (9.51M) is used instead.
  2. International S.C.A. Artal reports a block also reported by BlackRock, Inc.; it is counted once, under BlackRock, Inc.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Joseph John Kadowofficer: CLO & Secretary+1,000$49.96
Aug 31, 2026Douglas W. Thompsonofficer: Chief Operations Officer+6,500$66.52
Jun 18, 2026Karen Kochevardirector−10,000$90.00
Jun 15, 2026Participations S.a r.l. Artaldirector−3,000,000$90.30
Jun 15, 2026Theodoros Xenohristosdirector, officer: Chief Concept Officer−3,252$89.43
View details

  • Chipotle Mexican Grill

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  • McDonald's

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  • Yum! Brands

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Compare

CompanyPriceChange
CAVA$53.47+2.83%$6.06B94.387.04.4+31.3%
Chipotle Mexican Grill$33.42+0.84%$42.48B30.426.43.4+9.3%
Sweetgreen$7.83+4.61%$888.8M74.81.3+3.8%
Shake Shack$58.74+3.12%$2.30B60.447.71.5+17.2%
McDonald's$251.08+1.29%$176.12B20.118.96.4+3.7%
Yum! Brands$140.45+0.80%$38.42B17.520.94.4+12.2%
Median30.423.63.4+9.3%