Stock Track | CAVA Group Soars 5.66% in After-Hours on Q2 Earnings Beat and Reaffirmed Guidance

Stock Track
08/12

CAVA Group Inc. shares surged 5.66% in after-hours trading on Tuesday, following the release of its fiscal second-quarter results that exceeded Wall Street expectations and a reaffirmed outlook for the full year.

The Mediterranean fast-casual chain reported revenue of $368.4 million, beating the consensus estimate of $360.5 million. Earnings per share came in at $0.19, topping the analyst forecast of $0.18. Same-restaurant sales rose 9.0%, driven by a 5.3% increase in guest traffic, while menu price increases and product mix contributed 3.7% to the growth. The company also noted that 94 net new restaurant openings during or subsequent to the second quarter of 2025 significantly boosted revenue.

CAVA reaffirmed its fiscal 2026 guidance, projecting 75 to 77 net new restaurant openings, same-restaurant sales growth of 4.5% to 6.5%, and adjusted EBITDA between $181 million and $191 million. The upbeat results and steady outlook helped offset concerns over recent food safety outbreaks and macroeconomic uncertainty, which had temporarily slowed sales.

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