CAVA Q1 2024 Earnings — CAVA Group, Inc. Revenue & Financial Results | Market Cap Arena

CAVACAVA Group, Inc.

$9B

Q1 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$259M+27.5% YoY

Gross Profit

$65M25.2% margin

Operating Income

$9M3.6% margin

Net Income

$14M5.4% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+46.2%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$5M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$424M

Stockholders' Equity

$581M

Cash & Equivalents

$329M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$259M	$203M	+27.5%
Gross Profit	$65M	$51M	+29.3%
Operating Income	$9M	-$2M	+510.9%
Net Income	$14M	-$2M	+753.6%