CAVA Group Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

CAVA Group, Inc. (NYSE:CAVA) will release earnings results for the second quarter, after the closing bell on Tuesday, Aug. 12.

Analysts expect the Washington, District of Columbia-based company to report quarterly earnings at 13 cents per share, down from 17 cents per share in the year-ago period. CAVA Group projects to report quarterly revenue at $285.23 million, compared to $233.5 million a year earlier, according to data from Benzinga Pro.

On Aug. 8, CAVA opened its first Pittsburgh restaurant, located at 3619 Forbes Avenue, Pittsburgh, PA 15213.

CAVA Group shares fell 3.2% to close at $82.30 on Monday.

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