CAVA Group (NYSE: CAVA) soared over 14% the day after reporting its second-quarter 2026 earnings report. The fast-casual restaurant company with Mediterranean-inspired cuisine reported revenue of $368.44 million, higher than the $360.09 million expected. Adjusted earnings per share (EPS) of 19 cents came in just above the forecast for 18 cents.
The more impressive number, however, was the same-restaurant sales growth, which came in at 9%. That number was backed by a 5.3% rise in guest traffic and a 3.7% increase in sales, driven by menu pricing and product mix, including the company’s successful pita chips.