Update: CAVA Shares Jump Pre-Bell After Fiscal Q2 Earnings, Revenue Growth Beats Market Consensus

MT Newswires Live

08/12

(Updates with the stock move in the headline and the first paragraph.)

CAVA (CAVA) shares were up over 11% in Wednesday's premarket activity after the company reported higher-than-expected Q2 earnings and sales that also beat market expectations.

The company reported fiscal Q2 earnings late Tuesday of $0.19 per diluted share, up from $0.16 a year earlier.

Analysts polled by FactSet expected $0.18.

Revenue for the 12 weeks ended July 12 was $368.4 million, up from $280.6 million a year earlier.

Analysts expected $360.1 million.

For the full year 2026, the company reaffirmed its same-restaurant sales growth outlook of 4.5% to 6.5%.

Price: 68.02, Change: +7.21, Percent Change: +11.86

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