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Second Quarter results from CAVA show revenues of $171.1M and Adjusted EBITDA of $21.6M. Same restaurant sales growth was 18.2% and restaurant-level profit margin was 26.1%. Net income was $6.5M and average unit volume was $2.6M. New menu innovations included spicy falafel and fiery broccoli. There were 16 new new CAVA openings for a total of 279 restaurants, a 43% growth year over year. Our mission is to bring heart, health, and humanity to food.

CAVA Earnings Results

Here’s how CAVA performed in the second quarter of 2023.