CAVA Q3 2024 Earnings — CAVA Group, Inc. Revenue & Financial Results | Market Cap Arena

CAVACAVA Group, Inc.

$9B

Q3 2024 Earnings

Consumer Cyclical Restaurants

Income Statement

Revenue

$244M+38.9% YoY

Gross Profit

$63M25.7% margin

Operating Income

$14M5.6% margin

Net Income

$18M7.4% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+4.4%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$23M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$463M

Stockholders' Equity

$616M

Cash & Equivalents

$367M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$244M	$176M	+38.9%
Gross Profit	$63M	$44M	+40.8%
Operating Income	$14M	$3M	+392.6%
Net Income	$18M	$7M	+162.9%

Revenue Segments

Restaurant Revenue

$241M100%