CAVA Group, Inc. (CAVA) report its 1 st quarterly earnings for FY2024.
Non-GAAP EPS of $0.12 beating consensus of $0.04 by 200%.
Revenue was $259M beating average estimate of $245.42M by 5%
Q2 GUIDANCE:
CAVA Group announced that it has raised fiscal full-year 2024 guidance.
CAVA same restaurant sales growth will be between 4.5% to 6.5%
Share is down by 3.73% after hours