CAVA Group Inc. reported strong Q1 2026 results, with revenue surpassing forecasts. However, the stock declined in aftermarket trading.
Revenue grew 32.2% to $434.4 million. Same-restaurant sales increased 9.7%. EPS was $0.20.
CAVA opened 20 net new restaurants, ending the quarter with 459 locations. New restaurant productivity exceeded expectations.
The company raised its full-year 2026 guidance, expecting revenue of $1.46 billion and EPS of $0.54.
