secwatch.observer — SEC 8-K summary
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Issuer:     CAVA GROUP, INC. (CAVA)
CIK:        0001639438
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001628280-23-037366
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CAVA Q3 revenue up 49.5% to $173.8M; net income $6.8M vs loss; same-restaurant sales +14.1%
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- Revenue $173.8M, +49.5% YoY; CAVA same-restaurant sales +14.1% (7.6% traffic, 6.5% price/mix).
- Net income of $6.8M vs net loss of $11.9M in prior year quarter; Adjusted EBITDA $19.8M vs $4.8M.
- Restaurant-level profit margin 25.1%, +340 bps; 11 net new restaurants, total 290.
- Digital revenue mix 35.5%; AUV $2.6M vs $2.4M in prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639438/000162828023037366/0001628280-23-037366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639438/000162828023037366/cava-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037366

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer