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CAVA Group | 8-K: CAVA GROUP REPORTS SECOND QUARTER 2024 RESULTS

CAVA Group | 8-K: CAVA GROUP REPORTS SECOND QUARTER 2024 RESULTS

CAVA Group | 8-K:卡瓦集團公佈2024年第二季度業績
美股SEC公告 ·  08/22 16:20

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On August 22, 2024, CAVA Group, Inc. reported its financial results for the second quarter ended July 14, 2024. The company announced a significant year-over-year revenue growth of 35.2%, including a same restaurant sales growth of 14.4%. The quarter saw the opening of 18 new CAVA restaurants, contributing to a total of 341 locations, marking a 22.2% increase from the previous year. The company's restaurant-level profit margin stood at 26.5%, with a net income of $19.7 million, a substantial rise from $6.5 million in the prior year. Adjusted EBITDA was reported at $34.3 million, up from $21.6 million. The company also highlighted the successful launch of a new grilled steak menu item and a digital revenue mix of 35.8%. Based on these strong results, CAVA Group raised its full-year 2024 guidance...Show More
On August 22, 2024, CAVA Group, Inc. reported its financial results for the second quarter ended July 14, 2024. The company announced a significant year-over-year revenue growth of 35.2%, including a same restaurant sales growth of 14.4%. The quarter saw the opening of 18 new CAVA restaurants, contributing to a total of 341 locations, marking a 22.2% increase from the previous year. The company's restaurant-level profit margin stood at 26.5%, with a net income of $19.7 million, a substantial rise from $6.5 million in the prior year. Adjusted EBITDA was reported at $34.3 million, up from $21.6 million. The company also highlighted the successful launch of a new grilled steak menu item and a digital revenue mix of 35.8%. Based on these strong results, CAVA Group raised its full-year 2024 guidance, expecting more restaurant openings and higher sales growth than previously forecasted. The company's CEO, Brett Schulman, attributed the success to the brand's strength and the appeal of its Mediterranean fast-casual concept. An earnings conference call was scheduled for the same day to discuss the results and provide a business update.
2024年8月22日,CAVA集團公佈了截至2024年7月14日的第二季度財務業績。該公司宣佈同比營業收入增長35.2%,其中餐廳同店銷售增長14.4%。本季度開設了18家新的CAVA餐廳,總數達到341家,比去年增長了22.2%。公司的餐廳利潤率爲26.5%,淨利潤達到1970萬美元,大幅增長,較去年的650萬美元有顯著提升。調整後的EBITDA報告爲3430萬美元,較2160萬美元增加。公司還強調成功推出了新的烤牛排菜品和數字營業收入佔比達到35.8%。基於這些強勁業績,CAVA集團提高了全年2024年預期指引,預計餐廳開設數量和銷售增長將超出先前預測。公司CEO佈雷特·舒爾曼將這一成功歸因於品牌實力以及其地中海快餐概念的吸引力。同一天安排了業績會電話會議,以討論業績並提供業務更新。
2024年8月22日,CAVA集團公佈了截至2024年7月14日的第二季度財務業績。該公司宣佈同比營業收入增長35.2%,其中餐廳同店銷售增長14.4%。本季度開設了18家新的CAVA餐廳,總數達到341家,比去年增長了22.2%。公司的餐廳利潤率爲26.5%,淨利潤達到1970萬美元,大幅增長,較去年的650萬美元有顯著提升。調整後的EBITDA報告爲3430萬美元,較2160萬美元增加。公司還強調成功推出了新的烤牛排菜品和數字營業收入佔比達到35.8%。基於這些強勁業績,CAVA集團提高了全年2024年預期指引,預計餐廳開設數量和銷售增長將超出先前預測。公司CEO佈雷特·舒爾曼將這一成功歸因於品牌實力以及其地中海快餐概念的吸引力。同一天安排了業績會電話會議,以討論業績並提供業務更新。
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