Nov 4, 4:13 PM ET
CAVA Group reported fiscal third-quarter 2026 results for the quarter ended October 4, 2026, with CAVA segment revenue up 22.1% and same restaurant sales up 3.1%, but net income fell from $14.7 million to $13.2 million. The company raised its same restaurant sales guidance and narrowed its adjusted EBITDA range, while raising its pre-opening cost outlook, which shareholders will weigh against the higher revenue and lower profit.
- Q3 CAVA revenue rose 22.1% to $353.7 million; diluted EPS was $0.11 versus $0.12 a year earlier.
- CAVA restaurant-level profit margin fell 120 basis points to 23.4%; adjusted EBITDA rose 5.7% to $42.3 million.
- Fiscal 2026 same restaurant sales guidance was raised to 6.0% to 7.0% from 4.5% to 6.5%.
- Fiscal 2026 pre-opening cost guidance was raised to $28.5 million to $29.5 million from $22.0 million to $22.5 million; adjusted EBITDA guidance narrowed to $184.0 million to $189.0 million from $181.0 million to $191.0 million.
Read the filing on SEC.gov ↗
Aug 11, 4:15 PM ET
CAVA Group reported fiscal second quarter 2026 results for the quarter ended July 12, 2026, with CAVA Revenue up 31.3% to $365.4 million and net income up 25.3% to $23.0 million. The company reaffirmed its full-year 2026 guidance, and restaurant-level profit margin fell 60 basis points to 25.7%.
- CAVA Revenue of $365.4 million vs. $278.2 million a year earlier; Same Restaurant Sales rose 9.0%, including guest traffic growth of 5.3%
- Net income of $23.0 million vs. $18.4 million; diluted EPS of $0.19 vs. $0.16 in the prior-year quarter
- Adjusted EBITDA of $54.7 million, up 30.0%; CAVA Restaurant-Level Profit Margin was 25.7%, down from 26.3%
- Full-year 2026 guidance reaffirmed, including Adjusted EBITDA of $181.0 million to $191.0 million
Read the filing on SEC.gov ↗
Aug 3, 9:17 AM ET
On July 29, 2026, CAVA's board appointed Amiee Thomas, Chief Retail Officer of Ulta Beauty, as a director and increased the board from eight to nine seats. She also joined the Audit Committee and the Nominating, Governance and Sustainability Committee. The 8-K names her Thomas, while the press release names her Bayer-Thomas; the filing does not explain the difference. The filing reports no financial results, so the appointment is a governance change rather than a change to CAVA's financial outlook.
- Appointed to the board effective July 29, 2026; board size raised from eight to nine directors
- Board determined she is independent under NYSE rules and qualifies for the Audit Committee
- Compensated under the Non-Employee Director Compensation Policy; entered the company's standard indemnification agreement (Exhibit 10.1)
- Ulta Beauty role covers more than 1,500 stores and over 60,000 associates
Read the filing on SEC.gov ↗
Jun 24, 9:24 AM ET
On June 22, 2026, CAVA's compensation committee amended and restated its Executive Severance Plan, limiting eligibility to Executive Leadership Team members and adding conditions such as a signed release, reduced severance pay, and a shorter post-change-in-control standstill period. At the same day's annual meeting, stockholders elected two Class III directors, approved executive pay on an advisory basis, and ratified Deloitte & Touche LLP as auditor for fiscal 2026.
- Brett Schulman received 85,651,941 votes for and 882,410 withheld; James D. White received 63,427,817 for and 23,106,534 withheld.
- Advisory say-on-pay vote: 75,849,587 for, 10,573,039 against, and 111,725 abstentions.
- Severance benefits now require a Release and Restrictive Covenants Agreement submitted within 15 business days of a Covered Termination.
- Base salary continuation is reduced dollar-for-dollar by compensation earned from any employer or contractor during the Severance Period; Deloitte ratification received 100,054,705 votes for and 378,617 against.
Read the filing on SEC.gov ↗
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