---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-029563"
form_type: "8-K"
ticker: "CAVA"
cik: "0001639438"
company_name: "CAVA GROUP, INC."
filed_at: "2023-08-15T23:59:59+00:00"
generated_at: "2026-06-11T09:26:55.542533+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CAVA Q2 revenue up 62.4% to $171.1M; net income of $6.5M vs loss a year ago

## Summary
- CAVA same-restaurant sales grew 18.2% (10.3% traffic, 7.9% price/mix) YoY.
- Restaurant-level profit margin 26.1% (+400 bps); 16 net new CAVA openings, total 279 restaurants.
- Adjusted EBITDA $21.6M vs $5.9M in prior-year quarter; CAVA AUV rose to $2.6M.
- Digital revenue mix held at 36.1%; general & admin expenses 13.5% of revenue.
- Net income $6.5M (3.8% of revenue) compared to net loss of $8.2M in Q2 2022.

## SEC filing metadata
- accession: 0001628280-23-029563
- form_type: 8-K
- ticker: CAVA
- cik: 0001639438
- company_name: CAVA GROUP, INC.
- filed_at: 2023-08-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639438/000162828023029563/0001628280-23-029563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639438/000162828023029563/cava-20230815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-029563
- JSON: https://secwatch.observer/filing/0001628280-23-029563.json
- Plain text: https://secwatch.observer/filing/0001628280-23-029563.txt

## Key facts
- Earnings Releases
  CAVA GROUP, INC. reported fiscal second quarter ended July 9, 2023 results: revenue $171.1 million, net income $6.5 million.
  - Period: fiscal second quarter ended July 9, 2023
  - Revenue: $171.1 million
  - Net income: $6.5 million
  - Result: reported results
  source text: "Our performance is representative of the momentum we've gained and continued focus on execution as we grow." Fiscal Second Quarter 2023 Highlights: • CAVA Revenue grew 62.4% to $171.1 million as compared to $105.3 million in the prior year quarter. • Net New CAVA Restaurant Openings of 16, bringing total CAVA Restaurants to 279, a 43.1% increase in total CAVA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639438/000162828023029563/0001628280-23-029563-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.