CAVA FY 2023 Earnings — CAVA Group, Inc. Revenue & Financial Results | Market Cap Arena

CAVACAVA Group, Inc.

$9B

FY 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$729M+29.2% YoY

Gross Profit

$180M24.7% margin

Operating Income

$5M0.6% margin

Net Income

$13M1.8% margin

EPS (Diluted)

$0.21

Cash Flow

Operating Cash Flow

$97M

Free Cash Flow

-$42M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$984M

Total Liabilities

$413M

Stockholders' Equity

$571M

Cash & Equivalents

$332M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$729M	$564M	+29.2%
Gross Profit	$180M	$98M	+84.1%
Operating Income	$5M	-$60M	+107.9%
Net Income	$13M	-$59M	+122.5%