CAVA Group, Inc. (CAVA)

CAVA Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Oct 6, 2024	Dec 31, 2023	Dec 25, 2022	Dec 26, 2021
Revenue	913.49	728.7	564.12	500.07
Revenue Growth (YoY)	34.05%	29.17%	12.81%	-
Cost of Revenue	570.11	459.1	391.55	347.47
Gross Profit	343.38	269.6	172.57	152.61
Selling, General & Admin	116.63	101.49	70.04	64.79
Other Operating Expenses	113.14	89.25	74.59	77.29
Operating Expenses	299.89	253.89	206.66	194.82
Operating Income	43.49	15.7	-34.09	-42.21
Interest Expense	-	-	-0.05	-4.81
Interest & Investment Income	17.05	8.85	-	-
Other Non Operating Income (Expenses)	0.25	0.47	0.92	20.29
EBT Excluding Unusual Items	60.78	25.03	-33.22	-26.73
Merger & Restructuring Charges	-1.5	-6.08	-5.92	-
Asset Writedown	-4.4	-4.9	-19.75	-10.54
Pretax Income	54.88	14.05	-58.89	-37.27
Income Tax Expense	1.13	0.77	0.09	0.12
Net Income	53.75	13.28	-58.99	-37.39
Net Income to Common	53.75	13.28	-58.99	-37.39
Shares Outstanding (Basic)	114	61	1	1
Shares Outstanding (Diluted)	118	63	1	1
Shares Change (YoY)	258.86%	4677.71%	81.42%	-
EPS (Basic)	0.47	0.22	-44.42	-51.08
EPS (Diluted)	0.46	0.21	-44.42	-51.08
Free Cash Flow	43.56	-41.71	-98.12	-52.92
Free Cash Flow Per Share	0.37	-0.66	-73.89	-72.29
Gross Margin	37.59%	37.00%	30.59%	30.52%
Operating Margin	4.76%	2.16%	-6.04%	-8.44%
Profit Margin	5.88%	1.82%	-10.46%	-7.48%
Free Cash Flow Margin	4.77%	-5.72%	-17.39%	-10.58%
EBITDA	101.2	63.14	8.63	2.24
EBITDA Margin	11.08%	8.66%	1.53%	0.45%
D&A For EBITDA	57.72	47.43	42.72	44.45
EBIT	43.49	15.7	-34.09	-42.21
EBIT Margin	4.76%	2.15%	-6.04%	-8.44%
Effective Tax Rate	2.07%	5.47%	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.