CAVA Q3 2023 Earnings — CAVA Group, Inc. Revenue & Financial Results | Market Cap Arena

CAVACAVA Group, Inc.

$9B

Q3 2023 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$176M+26.1% YoY

Gross Profit

$44M25.3% margin

Operating Income

$3M1.6% margin

Net Income

$7M3.9% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+1.5%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

-$9M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$985M

Total Liabilities

$419M

Stockholders' Equity

$566M

Cash & Equivalents

$340M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$139M	+26.1%
Gross Profit	$44M	$26M	+68.5%
Operating Income	$3M	-$12M	+122.9%
Net Income	$7M	-$12M	+157.5%