CAVA slumps after weak forecast, quarterly revenue miss

CAVA

12/08/2025 21:52

** Shares of restaurant chain CAVA Group CAVA.N fall 21.8% to $66.04 in extended trading

** Company cuts annual forecast for same-restaurant sales growth and misses Q2 revenue estimates

** CAVA now expects same-restaurant sales growth between 4% and 6% in fiscal year 2025, down from its previous forecast of a 6% to 8% growth

** Company reports Q2 revenue of $280.6 million, compared to Street's estimates of $285.6 million, according to data compiled by LSEG

** As of last close, shares of CAVA fell nearly 25% YTD

(Reporting by Pritam Biswas in Bengaluru)

((Pritam.Biswas@thomsonreuters.com))