Feed / CAVA

CAVA Group, Inc.

CAVA

Consumer Cyclical · 54.00 -4.4% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

CAVA Group, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Company-4.4% todayVolume comparison unavailable
Market group0 of 2 activeRestaurant Chains · unavailable
Disclosed network0 of 2 confirmingNo filing-linked name is confirming now
What would change this read
  • Monitor food, beverage, and packaging costs as a percent of revenue (reported decrease attributed to lower raw material input costs).

Invalidation: The isolated read changes if CAVA's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Restaurants

No new filing conclusion is available. 0 of 2 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 2 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Monitor food, beverage, and packaging costs as a percent of revenue (reported decrease attributed to lower raw material input costs).

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods5
Price observations327
Usable filing statements152
Verified relationships2
Evidence supporting the case
  • Latest annual revenue changed +22.4% year over year.
  • Operating cash flow covered net income at 2.90x in the latest annual period.
Evidence challenging the case
  • Net margin changed -8.1 percentage points in the latest annual period.
Questions before a position
  • P/E is 203% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 324% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 10, 2026

54.00
6m-32.9%12m-17.3%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-26$500.1M$-51.06
2022-12-25$564.1M+12.8%$-44.41
2023-12-31$728.7M+29.2%$0.21
2024-12-29$963.7M+32.3%$1.10
2025-12-28$1.2B+22.4%$0.54+0.0%

What management says matters

Persistent and emerging business drivers

Restructuring and cost reductionsmixed · 4 filings
Supplemental disclosures of cash flow information related to leases were as follows: Twelve Weeks Ended Twenty-Eight Weeks Ended (in thousands) July 12, 2026 July 13, 2025 July 12, 2026 July 13, 2025 Cash paid for operating lease liabilities $ 20,237 $ 16,828…
10-Q · Aug 12, 2026
Input and raw-material costsnegative · 2 filings
As a percentage of revenue, food, beverage, and packaging decreased primarily due to lower raw material input costs, partially offset by higher freight costs.
10-Q · Aug 12, 2026
Tariffs and trade policypositive · 2 filings
As a percentage of CAVA Revenue, CAVA food, beverage, and packaging increased primarily due to input costs associated with the launch of grilled steak in the second quarter of fiscal 2024, the impact of tariffs, and our limited-time only chicken shawarma offe…
10-K · Feb 25, 2026
Capital investment and capacitypositive · 1 filings
52 Table of Contents Investing Activities The increase in net cash used in investing activities was primarily due to launching an investment portfolio of fixed income debt securities to optimize returns on our cash balance, higher capital expenditures related…
10-K · Feb 25, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 5.4× · EV/sales 5.2×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

54.00-4.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for CAVA. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for CAVA. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind CAVA

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

EIXEdison InternationalsupplierFeb 25, 2026

For additional information, see Item 1A.

JPMJPMorgan Chase & Co.lenderMay 20, 2026

3 to the Credit Agreement dated March 11, 2022 (as amended, the “Credit Facility”), with JPMorgan Chase Bank, N.A.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 5 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

CAVA is currently a Early Follower in the organic co-movement group Restaurant Chains. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.