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FX.co ★ CAVA Group, Inc. Q1 Earnings Summary

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typeContent_19130:::2024-05-28T21:40:00

CAVA Group, Inc. Q1 Earnings Summary

### CAVA Group, Inc. Earnings Highlights

**Earnings**: CAVA Group, Inc. reported earnings of $14.0 million for the first quarter, a significant improvement compared to a loss of $2.1 million in the same period last year.

**Earnings Per Share (EPS)**: The company posted an EPS of $0.12 for Q1, up from a loss of $1.30 per share in the corresponding quarter of the previous year. This exceeded analysts' projections, which estimated an EPS of $0.04.

**Revenue**: CAVA Group, Inc. generated revenues of $259.0 million in the first quarter, up from $203.1 million in the same quarter last year.

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