Particle.news
Download on the App Store

Cava Tops Q4 Estimates, Reaches $1 Billion Year as Raised 2026 Outlook Lifts Shares

Higher guidance following a stronger quarter sent the stock higher.

Overview

  • Q4 revenue rose 21% to $272.8 million, beating estimates, with same‑store sales up 0.5% on pricing and mix as traffic dipped 1.4% and digital orders accounted for 38.9% of sales.
  • Full‑year revenue reached about $1.17 billion, marking the company’s first billion‑dollar year, alongside improved restaurant‑level profitability and higher adjusted EBITDA.
  • Management guided Q1 revenue to $305–$310 million with 6%–8% comparable growth and about 24.5% restaurant‑level margin.
  • For 2026, the company projected roughly 7% comparable sales growth and a faster pace of new openings, emphasizing traffic momentum and benefits from digital scale and loyalty.
  • Shares traded near $80 after the report, extending recent gains as investors reacted to the stronger results and upgraded outlook.