The fast-casual chain raised its fiscal 2026 outlook after stronger-than-expected first-quarter earnings and sales growth.
CAVA Group reported first-quarter GAAP earnings per share of $0.20, exceeding estimates by $0.02, as revenue climbed 32.1% year-over-year to $434.4 million. The results reflect continued expansion and higher customer traffic across its restaurant footprint.
Analysts had anticipated earnings of $0.18 per share on revenue of $425 million. The company’s same-store sales growth also outpaced industry averages, driven by menu innovation and digital ordering strength.
CAVA updated its fiscal 2026 guidance, signaling confidence in sustained momentum. Shares showed limited movement in after-hours trading as investors digested the outlook revision.