CAVA Q3 revenue up 39% to $241.5M; same-restaurant sales +18.1% with traffic +12.9%

CAVA GROUP, INC.

2024-Q3 EPS reported $0.44 revenue$736,318,000

Net income of $18.0M vs $6.8M last year; Adjusted EBITDA $33.5M, up 69.2% YoY.
Restaurant-level profit margin 25.6% vs 25.1% a year ago; AUV $2.8M vs $2.6M.
Opened 11 net new restaurants, total 352, a 21.4% YoY increase.
Digital revenue mix 35.8%; Free Cash Flow $23.4M for the quarter.

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