secwatch.observer — SEC 8-K summary
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Issuer:     CAVA GROUP, INC. (CAVA)
CIK:        0001639438
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001628280-24-047200
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 39% to $241.5M; same-restaurant sales +18.1% with traffic +12.9%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1639438/000162828024047200/0001628280-24-047200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1639438/000162828024047200/cava-20241112.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-047200

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