The Zhitong Finance App learned that on Wednesday, CAVA Group (CAVA.US) surged more than 12% in early trading and is now at $68.27. According to the news, the company's financial results for the second quarter of 2026 exceeded market expectations. Second-quarter revenue reached $368.4 million, up 31.3% year over year, exceeding Wall Street expectations of $361 million; adjusted earnings per share were $0.19, slightly higher than market expectations of $0.18. The company reiterated its guidance for the full year of FY2026, including the goal of net opening 75 to 77 new stores and increasing same-store sales by 4.5% to 6.5%.
Zhitongcaijing · 3d ago
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The Zhitong Finance App learned that on Wednesday, CAVA Group (CAVA.US) surged more than 12% in early trading and is now at $68.27. According to the news, the company's financial results for the second quarter of 2026 exceeded market expectations. Second-quarter revenue reached $368.4 million, up 31.3% year over year, exceeding Wall Street expectations of $361 million; adjusted earnings per share were $0.19, slightly higher than market expectations of $0.18. The company reiterated its guidance for the full year of FY2026, including the goal of net opening 75 to 77 new stores and increasing same-store sales by 4.5% to 6.5%.
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