Cava rises after annual sales forecast beats estimates

CAVA

25/02/2026 11:04

** Shares of restaurant chain Cava Group CAVA.N up 10% at $74.49 premarket

** Co forecasts annual same-store sales above estimates, betting on resilient demand for its healthy Mediterranean bowls

** Expects FY2026 same-restaurant sales to increase between 3% and 5%, above estimate of a 3.16% rise, per LSEG-compiled data

** Co also beats expectations on Q4 results

** “CAVA remains one of the handful of investable growth concepts in restaurants, with a good degree of visibility into its long‑term algorithm and 1,000 stores by 2032 in sight,” says Jefferies

** At least four brokerages lift PTs on stock after results including Piper Sandler, RBC and Bernstein

** As of last close, CAVA shares up 15.5% YTD, following a ~48% drop in 2025

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))