CAVA Q2 2024 Earnings — CAVA Group, Inc. Revenue & Financial Results | Market Cap Arena

CAVACAVA Group, Inc.

$9B

Q2 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$233M+35.1% YoY

Gross Profit

$62M26.7% margin

Operating Income

$16M6.9% margin

Net Income

$20M8.5% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-9.8%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$23M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$443M

Stockholders' Equity

$595M

Cash & Equivalents

$344M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$233M	$173M	+35.1%
Gross Profit	$62M	$45M	+37.3%
Operating Income	$16M	$6M	+180.2%
Net Income	$20M	$7M	+201.9%

Revenue Segments

Restaurant Revenue

$231M100%