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

MT Newswires Live

Aug 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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