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CAVA

CAVA Group, Inc.

2026Q2 · Earnings 2026-08-12 (Reported 30d ago)

At a glance · Earnings setup

Consensus fragile

Confidence: Low

Street's $353.3M expectation is usable, but the evidence is not broad enough for a directional call.

Street

$353.3M

Revenue consensus · +25.9% YoY

Revision: Unknown

No direct Street KPI consensus

Operating requirement

Required SSS given Street YoY + unit-growth scenario: ~+7.6%

Evidence

  • SupportsEnding restaurant count accel 1.89 pp vs Street required -6.17 pp

Coverage

  • Usable management indication
  • Direct Street segment KPI consensus

1 · Street

What Street says

$353.3M

Revenue consensus · +25.9% YoY

Analysts
—
Range
—
As of
2026-08-06
Revision
Unknown

2 · Street needs

What Street needs

For Street revenue to be right, these operating outcomes are roughly what the model implies.

Confidence: Low · based on n=5 history

  • Required SSS given Street YoY + unit-growth scenario: ~+7.6% (about +5.1%–+8.2%)
  • Latest SSS (2026Q1): ~+9.7%
  • Latest ending restaurants (2026Q1): ~459

3 · Management

What management says

No usable management guidance for this cutoff.

4 · Business

What the business is doing

  • Ending restaurant count

    459

    2026Q1 · YoY +20.2%

  • Guest traffic growth

    +5.3%

    2026Q2

  • Net new openings

    17

    2026Q2 · YoY +6.3%

  • Restaurant-level profit margin

    +25.1%

    2026Q1 · YoY 0.0%

  • Same-restaurant sales growth

    +9.0%

    2026Q2 · YoY +328.6%

No direct Street KPI consensus for this quarter. Implied operating requirements still apply where available.

5 · QW setup

Where QW lands

Supports

  • Ending restaurant count accel 1.89 pp vs Street required -6.17 pp

Against / uncertainty

No material opposing evidence listed.

Fragility Moderate
  • Some dispersion, revision, or sensitivity evidence elevates fragility
  • The implied-requirement range is unusually wide — treat with caution

Still missing

  • Usable management indication
Sources & methodology

Setup methodology v0.2.

Internal classification note: Consensus shows elevated fragility; only one independent material signal — not enough for directional tension

  • street_consensus · Zacks Equity Research · link
  • other_guidance · SEC earnings release · link
  • qw_forecast_run · cava_restaurant_v0.1
  • kpi:sss_growth_pct · qw_kpi_actuals
  • kpi:ending_restaurants · qw_kpi_actuals
  • street_consensus · Zacks Equity Research · link
  • street_consensus · Zacks Equity Research · link
  • kpi:sss_growth_pct · qw_kpi_actuals
  • How Quarter Winner works →