CAVA Group, Inc. ( CAVA ) reported its fourth-quarter results after Tuesday's closing bell. Here's a look at the key figures from the quarter. 

The Details: Cava Group reported adjusted earnings of five cents per share, missing the six cent analyst consensus estimate. Quarterly revenue came in at $225.1 million which beat the $223.63 million consensus estimate.

The company also reported for the fourth-quarter:

Net new CAVA Restaurant Openings of 15, bringing total CAVA Restaurants to 367, an 18.8% increase in total CAVA Restaurants year over year.

CAVA Same Restaurant Sales Growth of 21.2%

CAVA Restaurant-Level Profit of $50.4 million or growth of 28.2% over the prior year quarter, with CAVA Restaurant-Level Profit Margin of 22.4%, an increase of 50 basis points excluding the 53rd week of fiscal 2023.

CAVA Digital Revenue Mix was 36.8%.

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“2024 was another year of extraordinary growth and success for CAVA ( CAVA ) as we established Mediterranean as the next major cultural cuisine category and delivered our unique value proposition, that is clearly resonating with modern consumers. CAVA Same Restaurant Sales grew 13.4% in 2024, including traffic growth of nearly 9%. We opened 58 net new restaurants and, driven by our powerful unit economic engine, generated average unit volume of $2.9 million,” said Brett Schulman, CAVA Group ( CAVA ) CEO.

CAVA Price Action: According to data from Benzinga Pro, Cava Group ( CAVA ) shares are down 6.50% after hours at $92.85 Tuesday.  

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