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On February 26, 2024, CAVA Group, Inc., a Delaware-incorporated company listed on the New York Stock Exchange under the symbol CAVA, released its earnings report for the fourth quarter and the fiscal year ending December 31, 2023. The report highlighted a significant revenue growth of 59.8% for the fiscal year, driven by a 17.9% increase in same restaurant sales and the opening of 72 new CAVA restaurants. The company's restaurant-level profit margin also saw a substantial increase to 24.8%. For the fourth quarter, CAVA Group reported a 52.5% revenue growth to $175.5 million and a net income of $2.0 million, a notable improvement from the net loss of $18.8 million in the previous year's quarter. Adjusted EBITDA for the quarter was $15.7 million, up from $3.5 million in the prior year. The company's digital revenue mix stood at 36.0% for the fiscal year. Looking ahead, CAVA Group anticipates opening 48 to 52 new restaurants in fiscal 2024, with same restaurant sales growth projected between 3.0% to 5.0%, and an Adjusted EBITDA forecast of $86.0 to $92.0 million.
On February 26, 2024, CAVA Group, Inc., a Delaware-incorporated company listed on the New York Stock Exchange under the symbol CAVA, released its earnings report for the fourth quarter and the fiscal year ending December 31, 2023. The report highlighted a significant revenue growth of 59.8% for the fiscal year, driven by a 17.9% increase in same restaurant sales and the opening of 72 new CAVA restaurants. The company's restaurant-level profit margin also saw a substantial increase to 24.8%. For the fourth quarter, CAVA Group reported a 52.5% revenue growth to $175.5 million and a net income of $2.0 million, a notable improvement from the net loss of $18.8 million in the previous year's quarter. Adjusted EBITDA for the quarter was $15.7 million, up from $3.5 million in the prior year. The company's digital revenue mix stood at 36.0% for the fiscal year. Looking ahead, CAVA Group anticipates opening 48 to 52 new restaurants in fiscal 2024, with same restaurant sales growth projected between 3.0% to 5.0%, and an Adjusted EBITDA forecast of $86.0 to $92.0 million.
2024年2月26日,在纽约证券交易所上市的特拉华州注册公司CAVA集团公司发布了截至2023年12月31日的第四季度和财年的收益报告。该报告强调,本财年收入显著增长了59.8%,这得益于同类餐厅销售额增长17.9%以及72家新的CAVA餐厅的开业。该公司的餐厅级利润率也大幅增长至24.8%。第四季度,CAVA集团报告收入增长了52.5%,达到1.755亿美元,净收入为200万美元,比上一季度的1,880万美元净亏损有了显著改善。本季度调整后的息税折旧摊销前利润为1,570万美元,高于去年的350万美元。该公司本财年的数字收入组合为36.0%。展望未来,CAVA集团预计在2024财年开设48至52家新餐厅,餐厅销售额预计在3.0%至5.0%之间,调整后的息税折旧摊销前利润预计为8,600万至9,200万美元。
2024年2月26日,在纽约证券交易所上市的特拉华州注册公司CAVA集团公司发布了截至2023年12月31日的第四季度和财年的收益报告。该报告强调,本财年收入显著增长了59.8%,这得益于同类餐厅销售额增长17.9%以及72家新的CAVA餐厅的开业。该公司的餐厅级利润率也大幅增长至24.8%。第四季度,CAVA集团报告收入增长了52.5%,达到1.755亿美元,净收入为200万美元,比上一季度的1,880万美元净亏损有了显著改善。本季度调整后的息税折旧摊销前利润为1,570万美元,高于去年的350万美元。该公司本财年的数字收入组合为36.0%。展望未来,CAVA集团预计在2024财年开设48至52家新餐厅,餐厅销售额预计在3.0%至5.0%之间,调整后的息税折旧摊销前利润预计为8,600万至9,200万美元。
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