← Back to all articles

Articles · Earnings, Guidance Tracker

CAVA Group (CAVA) Fiscal Q3 2026 Earnings: Guidance Narrowed

fiscal Q3 2026 (twelve weeks ended Oct 4, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • CAVA Group narrowed its full-year guidance; revenue +22.0% vs a year earlier.

CAVA Group's results for fiscal Q3 2026 (twelve weeks ended Oct 4, 2026) come from the company's own earnings release, filed with the SEC on 2026-11-04. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP (consolidated revenue))$356 million (+22.0% vs a year earlier)
Diluted EPS (GAAP)$0.11
Full-year guidanceNarrowed

Guidance

CAVA narrowed 2026 adjusted EBITDA guidance to $184–189 million; raised same restaurant sales outlook to 6.0–7.0% and openings to 76–78.

Why this label: Only core item, adjusted EBITDA, tightened to $184-$189M from $181-$191M (midpoint ~same); same restaurant sales up (operating metric) and margin top cut are non-core.

MetricPeriodNewPrior (as stated in the release)
same restaurant salesFY20266.0% to 7.0%4.5% to 6.5%
net new CAVA restaurant openingsFY202676 to 7875 to 77
CAVA restaurant-level profit marginFY202623.7% to 24.0%23.7% to 24.3%
pre-opening costsFY2026$28.5 to $29.5 million$22.0 to $22.5 million
adjusted EBITDAFY2026$184.0 to $189.0 million$181.0 to $191.0 million

From the release

Revenue: "Revenue · $ · 356,436 · $ · 292,238"

Earnings per share: "Diluted · $ · 0.11 · $ · 0.12"

same restaurant sales: "Same Restaurant Sales · 4.5% to 6.5% · 6.0% to 7.0%"

net new CAVA restaurant openings: "Net New CAVA Restaurant Openings · 75 to 77 · 76 to 78"

CAVA restaurant-level profit margin: "CAVA Restaurant-Level Profit Margin · 23.7% to 24.3% · 23.7% to 24.0%"

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: CAVA Revenue rose 22.1% to $353.7 million; restaurant count reached 500.

Source

CAVA Group earnings release (SEC filing), accession 0001628280-26-070159, filed 2026-11-04.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

Get the Sunday Recap by email

One email a week. Every issue is published on the site too, so this is only about getting it in your inbox.

Subscribing signs you up for the free YieldTerminal Sunday recap, one email a week. Educational only, not financial advice. Unsubscribe any time.

Educational commentary, not a recommendation to buy or sell anything.