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Cava's Sales Momentum, Store Expansion Support Growth Outlook, UBS Securities Says
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Cava's Sales Momentum, Store Expansion Support Growth Outlook, UBS Securities Says
Jun 10, 2026 9:41 AM

12:18 PM EDT, 06/10/2026 (MT Newswires) -- Cava Group ( CAVA ) has room for further upside as stronger same-store sales, faster store growth, digital gains, and healthy new restaurant returns support its long-term growth outlook, UBS Securities said in a note Wednesday.

The investment firm said Cava ( CAVA ) is still outperforming peers on same-store sales despite a difficult consumer backdrop and could beat its 2026 same-store sales guidance of 4.5% to 6.5%, while future sales could be supported by menu updates, limited-time offers, marketing, loyalty programs, digital sales and improvements to restaurant operations.

Cava ( CAVA ) could grow faster than its target of 1,000 restaurants by 2032, helped by strong store returns, solid performance in new markets and wider room for expansion, according to the note.

Labor investments should also help the company build enough restaurant leaders to support new store openings, the firm said.

UBS Securities upgraded Cava ( CAVA ) to buy from neutral and raised its price target to $90 from $85.

Shares of the company were up about 7.9% in Wednesday trading.

Price: 82.27, Change: +5.99, Percent Change: +7.85

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