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CAVA Raises Full-Year Outlook After Traffic Growth Drives Earnings Beat

economy-finance · 2026-05-20

CAVA Group, the Mediterranean fast-casual chain, raised its full-year outlook after reporting better-than-expected earnings. Same-restaurant sales grew 9.7% in the quarter, driven by a 6.8% increase in guest traffic. The company's performance reflects strong consumer demand for its menu offerings and successful expansion efforts. CAVA now expects full-year revenue between $1.12 billion and $1.14 billion, up from prior guidance. The stock rose in after-hours trading following the announcement.

Key facts

  • CAVA raised its full-year outlook
  • Same-restaurant sales grew 9.7%
  • Guest traffic increased 6.8%
  • Earnings beat expectations
  • Full-year revenue guidance raised to $1.12-$1.14 billion
  • Stock rose in after-hours trading

Entities

Institutions

  • CAVA Group

Sources