Cava Group Inc (CAVA) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]
CAVA Group, Inc. (CAVA)
Company Research
Source: Yahoo! Finance
Net New Restaurants: 11 net new restaurants, totaling 352 locations. Adjusted EBITDA: $33.5 million, a 69% increase over the third quarter of 2023. Net Income: $18 million, a 163% increase over the third quarter of 2023. Free Cash Flow: $23.4 million during the quarter. Restaurant-Level Profit: $61.8 million, or 25.6% of revenue. Cash on Hand: $367.2 million with zero debt outstanding. Cash Flow from Operations: $43.9 million. Warning! GuruFocus has detected 2 Warning Signs with SVCO. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Cava Group Inc ( NYSE:CAVA ) reported a 39% increase in revenue for the third quarter of 2024, reaching $241.5 million. The company achieved a same-restaurant sales growth of 18.1%, driven by a 12.9% increase in guest traffic. Cava Group Inc ( NYSE:CAVA ) opened 11 net new restaurants during the quarter, bringing the total to 352, marking a 21.4% inc
Show less
Read more
Impact Snapshot
Event Time:
CAVA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAVA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAVA alerts
High impacting CAVA Group, Inc. news events
Weekly update
A roundup of the hottest topics
CAVA
News
- CAVA Group, Inc. (CAVA) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- A Closer Look to CAVA: Artal International Capitalizes on Stock Gains [Yahoo! Finance]Yahoo! Finance
- Buy These 5 Restaurant Stocks With Growth Potential as Sales Soar [Yahoo! Finance]Yahoo! Finance
- CAVA Stock Post-Q3 Triumph: A Growth Story Worth Investing In? [Yahoo! Finance]Yahoo! Finance
- CAVA Group, Inc. (NYSE: CAVA) is now covered by analysts at Sanford C. Bernstein. They set a "market perform" rating and a $145.00 price target on the stock.MarketBeat
CAVA
Earnings
- 11/12/24 - Beat
CAVA
Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 4
- 11/19/24 - Form 4
- CAVA's page on the SEC website