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Cava Group (CAVA) Stock News

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CAVA Group, Inc. reports developments tied to its Mediterranean fast-casual restaurant brand, including earnings releases, restaurant-level performance, same-restaurant sales, new unit growth and market expansion. The company operates company-owned CAVA restaurants and also has a CAVA Foods business that produces dips, spreads and certain dressing bases for restaurants and consumer packaged goods sales.

Company updates also include menu additions built around Mediterranean ingredients, digital order pick-up and delivery features at new restaurants, leadership appointments, board succession and other public-company governance matters. Recurring developments center on the restaurant base, food offerings and operating infrastructure within the limited-service restaurant and health-and-wellness food categories.

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CAVA (NYSE: CAVA) has opened a new 3,660-square-foot restaurant at 1370 Polaris Pkwy in Columbus, Ohio, featuring dine-in, patio seating, digital order pickup, and delivery. Guests can customize Mediterranean bowls and pitas from billions of combinations, including the new Glazed Salmon option.

The Polaris Pkwy opening follows recent launches in Hilliard and Cincinnati, supporting CAVA’s goal of at least 1,000 restaurants by 2032. Now in 29 states and DC, CAVA expects to reach its 500th location this year. The restaurant will employ 25–40 local team members and supports community causes through its donation programs.

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CAVA Group (NYSE:CAVA) reported fiscal Q1 2026 revenue of $434.4 million, up 32.2% year over year, with same restaurant sales up 9.7% and guest traffic up 6.8%. The company opened 20 net new restaurants, reaching 459 locations, and delivered restaurant-level profit margin of 25.1%.

Net income was $23.6 million, while Adjusted EBITDA rose 37.6% to $61.7 million. CAVA updated full-year 2026 guidance, raising targets for same restaurant sales, net new openings, and Adjusted EBITDA, while increasing expected pre-opening costs.

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CAVA (NYSE:CAVA) announced that longtime director Karen Kochevar will retire from the board and will not stand for re-election at the 2026 Annual Meeting. Her retirement concludes ten years of service, spanning the company's transition from private to public ownership.

The company described the move as consistent with ongoing board succession planning and thanked her for contributions during a period of substantial growth.

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CAVA (NYSE: CAVA) opened its first St. Louis-area restaurant in Cottleville on April 17, 2026, a 2,900-square-foot location with dine-in, digital pickup, and delivery. A second St. Louis site in Des Peres is slated to open later in 2026. The brand now operates in 29 states and DC and aims for 1,000 restaurants by 2032, while targeting its 500th restaurant later this year. CAVA introduced Glazed Salmon to the menu starting April 20 and highlighted community programs including a matching donation up to $1,000 for local foodbank support.

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CAVA (CAVA) launches Glazed Salmon, its first seafood protein, nationwide beginning April 20, 2026. The fillet is marinated in a house pomegranate glaze using pomegranate molasses from Just Date and roasted until caramelized. Two seasonal bowls and an in-app salmon experience run May 4–11.

The offering emphasizes Mediterranean flavors, omega-3s, vitamins B12 and D, and availability in-restaurant, online, and via the CAVA app.

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CAVA (NYSE:CAVA) is celebrating National Pita Day throughout March with a month-long campaign anchored by fan mascot Peter Chip. Highlights include a March 23–27 sweepstakes for Oasis Tier access, athlete‑curated digital bowls (March 16–April 7), an in‑app Flavor Bracket game, and free pita chips for Rewards members March 28–29.

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CAVA (NYSE: CAVA) opened its first Ohio restaurant in Cincinnati's Oakley Station on March 13, 2026, a 3,200-square-foot location with dine-in, digital pickup, and delivery options. The opening expands CAVA's national footprint to 29 states and the District of Columbia and supports growth toward a target of 1,000 restaurants by 2032.

The restaurant will employ 25–40 local team members, hosts a Community Day with matched donations up to $1,000 for La Soupe, and CAVA says it is on track to open its 500th location later in 2026.

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CAVA (NYSE: CAVA) reported fiscal 2025 revenue of $1,169.3M, up 22.5% year-over-year, with same-restaurant sales +4.0% and 72 net new openings bringing total restaurants to 439.

Fiscal Q4 revenue was $272.8M (+21.2%), adjusted EBITDA was $152.8M for the year, net income was $63.7M, and management issued fiscal 2026 guidance including 74–76 new openings.

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CAVA (NYSE: CAVA) will release fourth quarter and full year 2025 financial results on February 24, 2026, issuing a press release at approximately 4:10 PM ET and hosting a conference call at 5:00 PM ET. The live webcast will be available on the company's investor relations site and a recorded webcast will be available shortly after the call for up to one year.

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FAQ

What is the current stock price of Cava Group (CAVA)?

The current stock price of Cava Group (CAVA) is $80.53 as of May 20, 2026.

What is the market cap of Cava Group (CAVA)?

The market cap of Cava Group (CAVA) is approximately 9.3B.