{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007007","form_type":"8-K","ticker":"CAVA","cik":"0001639438","company_name":"CAVA GROUP, INC.","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.940653+00:00","generated_at":"2026-06-05T12:02:58.363722+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"CAVA Group Q4/FY2023: Revenue up 59.8% to $717M, net income $13.3M vs loss $59M","bullets":["Full year revenue $717.1M (+59.8% YoY); CAVA same-restaurant sales +17.9% (traffic +10.4%).","Net income $13.3M vs net loss $59.0M in FY2022; Adjusted EBITDA $73.8M (+$61.2M YoY).","Q4 revenue $175.5M (+52.5%); net income $2.0M vs loss $18.8M; restaurant-level profit margin 22.4% (+240 bps).","Opened 72 net new CAVA restaurants in FY2023, total 309 (+30.4% YoY); AUV $2.6M.","Digital revenue mix 36.0%; fiscal 2023 included 53rd week contributing ~$11M revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007007","json":"https://secwatch.observer/filing/0001628280-24-007007.json","markdown":"https://secwatch.observer/filing/0001628280-24-007007.md","text":"https://secwatch.observer/filing/0001628280-24-007007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1639438/000162828024007007/0001628280-24-007007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1639438/000162828024007007/cava-20240226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T12:02:58.363722+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a9c8780e98f928060e7bf22557eae6d547dc727","claim":"CAVA GROUP, INC. reported the fourth quarter ended December 31, 2023 results: revenue $175.5 million, net income $2.0 million.","evidence_excerpt":"CAVA Revenue grew 52.5% to $175.5 million as compared to $115.0 million in the prior year quarter. • Net New CAVA Restaurant Openings of 19, bringing total CAVA Restaurants to 309, a 30.4% increase in total CAVA Restaurants year over year. • CAVA Same Restaurant Sales Growth of 11.4%, which excludes the 53rd week of fiscal 2023. • CAVA Restaurant-Level Profit of $39.3 million or growth of 70.7% over the prior year quarter, with CAVA Restaurant-Level Profit Margin of 22.4%, a 240 basis point increase over the prior year quarter. • CAVA Digital Revenue Mix was 35.9%. • CAVA Group Net Income of $2.0 million compared to net loss of $18.8 million in the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639438/000162828024007007/0001628280-24-007007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$175.5 million"},{"label":"Net income","value":"$2.0 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7e018104df90e1287c8a52b76fb046a10a65042d","claim":"CAVA GROUP, INC. reported the fiscal year ended December 31, 2023 results: revenue $717.1 million, net income $13.3 million.","evidence_excerpt":"CAVA Revenue grew 59.8% to $717.1 million as compared to $448.6 million in the prior year. • Net New CAVA Restaurant Openings of 72 • CAVA Same Restaurant Sales Growth of 17.9%, which excludes the 53rd week of fiscal 2023. • CAVA AUV of $2.6 million, excluding the 53rd week of fiscal 2023, as compared to $2.4 million in the prior year. • CAVA Restaurant-Level Profit of $177.5 million or growth of 94.8% over the prior year, with CAVA Restaurant-Level Profit Margin of 24.8%, a 450 basis point increase over the prior year. • CAVA Digital Revenue Mix was 36.0%. 1 • CAVA Group Net Income of $13.3 million compared to net loss of $59.0 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639438/000162828024007007/0001628280-24-007007-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$717.1 million"},{"label":"Net income","value":"$13.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}