CAVA Group, Inc. (CAVA)

CAVA Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 29, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021
Revenue	963.71	728.7	564.12	500.07
Revenue Growth (YoY)	32.25%	29.18%	12.81%	-
Cost of Revenue	602.08	459.1	391.55	347.47
Gross Profit	361.63	269.6	172.57	152.61
Selling, General & Admin	120.5	100.38	70.04	64.79
Other Operating Expenses	119.82	89.25	74.59	77.29
Operating Expenses	312.88	252.78	206.66	194.82
Operating Income	48.75	16.82	-34.09	-42.21
Interest Expense	-	-	-0.05	-4.81
Interest & Investment Income	16.47	8.85	-	-
Other Non Operating Income (Expenses)	0.32	0.47	0.92	20.29
EBT Excluding Unusual Items	65.55	26.14	-33.22	-26.73
Merger & Restructuring Charges	-0.58	-6.08	-5.92	-
Asset Writedown	-5.06	-4.9	-19.75	-10.54
Other Unusual Items	-	-1.11	-	-
Pretax Income	59.91	14.05	-58.89	-37.27
Income Tax Expense	-70.41	0.77	0.09	0.12
Net Income	130.32	13.28	-58.99	-37.39
Net Income to Common	130.32	13.28	-58.99	-37.39
Net Income Growth	881.32%	-	-	-
Shares Outstanding (Basic)	114	61	1	1
Shares Outstanding (Diluted)	118	63	1	1
Shares Change (YoY)	86.41%	4677.71%	81.42%	-
EPS (Basic)	1.14	0.22	-44.42	-51.08
EPS (Diluted)	1.10	0.21	-44.42	-51.08
EPS Growth	423.81%	-	-	-
Free Cash Flow	52.9	-41.71	-98.12	-52.92
Free Cash Flow Per Share	0.45	-0.66	-73.89	-72.29
Gross Margin	37.52%	37.00%	30.59%	30.52%
Operating Margin	5.06%	2.31%	-6.04%	-8.44%
Profit Margin	13.52%	1.82%	-10.46%	-7.48%
Free Cash Flow Margin	5.49%	-5.72%	-17.39%	-10.58%
EBITDA	109.11	64.25	8.63	2.24
EBITDA Margin	11.32%	8.82%	1.53%	0.45%
D&A For EBITDA	60.36	47.43	42.72	44.45
EBIT	48.75	16.82	-34.09	-42.21
EBIT Margin	5.06%	2.31%	-6.04%	-8.44%
Effective Tax Rate	-	5.47%	-	-

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q