Every 8-K that CAVA Group, Inc. (CAVA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CAVA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CAVA filings page.
CAVA Group, Inc. (CAVA) announced that its board of directors approved a share repurchase program authorizing purchases of up to $100 million of its outstanding common stock. Repurchases may occur in the open market, through privately negotiated transactions or other methods, including trading plans intended to qualify under Rule 10b5-1.
The program runs until September 17, 2027, may be modified, suspended or terminated at any time, and does not require the company to repurchase any specific amount of stock. CAVA expects to fund any repurchases using a combination of existing cash and cash equivalents and cash flows from operations.
CAVA Group reported strong fiscal second quarter 2026 results, highlighted by rapid growth and continued expansion. CAVA Revenue reached $365.4 million, up 31.3% year over year, driven by 9.0% Same Restaurant Sales growth, including 5.3% Guest Traffic growth, and Net New CAVA Restaurant Openings of 17. Total CAVA Restaurants increased to 476, a 19.6% year-over-year increase.
CAVA Restaurant-Level Profit was $93.8 million with a Restaurant-Level Profit Margin of 25.7%. Net income rose to $23.0 million, or $0.19 diluted EPS, and Adjusted EBITDA grew 30.0% to $54.7 million, representing a 14.9% Adjusted EBITDA margin. Digital Revenue Mix was 39.0%, reflecting the importance of digital and delivery channels.
For the year-to-date period, net cash provided by operating activities was $134.5 million with $44.8 million in Free Cash Flow. Cash and cash equivalents totaled $322.8 million at July 12, 2026. The company reaffirmed its fiscal full-year 2026 outlook, including 75 to 77 Net New CAVA Restaurant Openings, 4.5% to 6.5% Same Restaurant Sales growth, CAVA Restaurant-Level Profit Margin of 23.7% to 24.3%, Pre-opening costs of $22.0 to $22.5 million, and Adjusted EBITDA of $181.0 to $191.0 million.
CAVA Group, Inc. appointed Amiee Bayer-Thomas, Chief Retail Officer of Ulta Beauty, to its Board of Directors, effective July 29, 2026. She was also appointed to the Board’s Audit Committee and its Nominating, Governance and Sustainability Committee.
The Board determined that Bayer-Thomas qualifies as an independent director under New York Stock Exchange rules and the company’s Corporate Governance Guidelines, and that she meets requirements for Audit Committee service. The Board size was increased from eight to nine directors, with Bayer-Thomas filling the new seat.
There is no arrangement or understanding with any other person regarding her selection, and there are no related-party transactions requiring disclosure under Item 404(a) of Regulation S-K. She will receive compensation under CAVA’s existing Non-Employee Director Compensation Policy, and the company entered into its standard indemnification agreement with her.
CAVA Group, Inc. updated its Executive Severance Plan to narrow eligibility and tighten conditions for severance. Only current and future Executive Leadership Team members now qualify, and they must sign a Release and Restrictive Covenants Agreement within 15 business days after a covered termination to receive benefits.
Severance can stop if restrictive covenants are breached or if an executive works with non–full-table service restaurants, and base-salary continuation is reduced by pay earned elsewhere during the severance period. The company also shortened protections around plan changes after a Change in Control. These amendments become effective for current participants after one year’s written notice, while new participants are subject to the revised terms immediately.
At the annual meeting, stockholders re-elected Brett Schulman and James D. White as Class III directors, approved executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as independent auditor for the fiscal year ending December 27, 2026.
CAVA Group reported strong fiscal first quarter 2026 growth, with revenue rising 32.2% to $438.3 million from $331.8 million a year earlier. Same restaurant sales increased 9.7%, driven mainly by 6.8% guest traffic growth, and the company opened 20 net new CAVA restaurants, bringing the total to 459.
CAVA Restaurant-Level Profit was $108.9 million with a 25.1% margin, unchanged year over year, while Adjusted EBITDA climbed 37.6% to $61.7 million, or 14.1% of revenue. Net income was $23.6 million, slightly below $25.7 million in the prior-year quarter, reflecting a higher tax provision and increased depreciation and amortization.
Management raised full-year 2026 guidance, increasing the Adjusted EBITDA range to $181.0–$191.0 million and tightening targets for net new restaurant openings, same restaurant sales, and restaurant-level margins. Free Cash Flow improved to $15.5 million, supported by net cash from operating activities of $64.1 million.
CAVA Group, Inc. announced that longtime board member Karen Kochevar will retire from the Board at the end of her current term and will not stand for re-election at the 2026 Annual Meeting of Shareholders on June 22, 2026. The company states that her retirement is not due to any disagreement regarding its operations, policies, or practices. A related press release highlights that her decision aligns with the Board’s ongoing succession planning and follows roughly ten years of service, including during CAVA’s transition from a private to a public company.
CAVA Group, Inc. entered into a Third Amendment to its Credit Agreement, extending its revolving credit facility and increasing available commitments. The maturity date was moved from March 11, 2027 to March 20, 2031 and total revolving commitments rose from $75 million to $150 million.
Borrowings will bear interest at either a base rate plus 0.00%–1.25% or Term SOFR plus 1.00%–2.25%, with the margin tied to CAVA’s Total Rent Adjusted Net Leverage Ratio. The facility is unconditionally guaranteed by certain domestic restricted subsidiaries and secured by a first-priority lien on substantially all assets of the company and guarantors.
The agreement includes customary covenants limiting additional debt, liens, dividends, investment activity and affiliate transactions, and provides for acceleration and cash collateralization of letters of credit upon events of default.
CAVA Group delivered strong growth in fiscal 2025, with revenue rising 22.5% to $1,169.3 million and CAVA Revenue of $1,169.3 million driven by 72 net new restaurants and 4.0% same-restaurant sales growth. The system reached 439 locations, a 19.6% increase in restaurant count.
CAVA Restaurant-Level Profit grew 19.7% to $285.0 million, with a 24.4% margin, while full-year net income was $63.7 million. Adjusted Net Income increased to $63.7 million from $50.2 million, and Adjusted EBITDA rose 21.0% to $152.8 million. In Q4 2025, revenue grew 21.2% to $272.8 million with 0.5% same-restaurant sales growth and net income of $4.9 million.
For fiscal 2026, the company targets 74 to 76 net new openings, 3.0%–5.0% same-restaurant sales growth, CAVA Restaurant-Level Profit Margin of 23.7%–24.2%, pre-opening costs of $19.5–$20.0 million, and Adjusted EBITDA of $176.0–$184.0 million.
CAVA Group, Inc. has appointed Douglas W. Thompson, age 62, as Chief Operations Officer, effective March 2, 2026. He will oversee restaurant operations and field teams and report directly to Chief Executive Officer Brett Schulman. Thompson brings extensive restaurant leadership experience, including serving as CEO of Tumble 22 Texas Chicken Joint since October 2022 and prior senior operating roles at Texas Roadhouse, Carrabba’s Italian Grill, and Outback Steakhouse.
Under his offer letter, Thompson will receive an annual base salary of $550,000 and a target annual cash bonus equal to 75% of base salary, based on goals and performance metrics set by the Board or its Compensation Committee. Starting in fiscal 2027, he will be eligible for annual equity awards with a grant date value of about $1,200,000, expected to vest over four years at 25% per year. He will also receive a one-time time-based restricted stock unit grant valued at about $500,000, vesting over four years, and a $200,000 relocation/sign-on bonus, and will participate in the company’s Executive Severance Plan.
CAVA Group, Inc. filed an 8-K announcing it has furnished a press release with earnings and other financial results for the fiscal quarter ended October 5, 2025.
The disclosure is provided under Item 2.02 (Results of Operations and Financial Condition) and is designated as furnished, not filed under the Exchange Act. The press release is included as Exhibit 99.1, with signature by CFO Tricia Tolivar. This filing also lists exhibits under Item 9.01.
CAVA Group, Inc. reported that its Chief Operations Officer, Jennifer Somers, has departed the company effective September 23, 2025. The company has begun a search for a permanent successor. During this transition period, Senior Vice President of Operations Jonathan Braatvedt will take on Ms. Somers’ responsibilities and serve as Interim Head of Operations.
The company stated that Ms. Somers’ departure qualifies as a Covered Termination without Cause under its Executive Severance Plan. As a result, she will receive severance benefits consistent with the terms and conditions of that plan, which the company has previously described in earlier disclosures.
CAVA Group, Inc. furnished a press release announcing earnings and other financial results for the fiscal quarter ended July 13, 2025. The press release is attached as Exhibit 99.1 and is incorporated by reference into this Current Report. The company confirms that the information in Item 2.02 and Exhibit 99.1 is being furnished and not filed for purposes of Section 18 of the Exchange Act. The report identifies the company’s common stock as trading under the ticker CAVA on the New York Stock Exchange. This Current Report does not include the underlying financial tables or specific revenue, profit, or other numeric results within its text; readers must consult Exhibit 99.1 for the detailed results.
CAVA Group held its annual stockholder meeting on June 20, 2025, with several key matters put to vote. Three Class II directors were elected to serve until 2028: Benjamin Felt (59.7M votes), Ronald Shaich (58.7M votes), and Theodoros Xenohristos (67.4M votes).
Shareholders approved key governance measures including:
- Executive Compensation: Approved with 70.3M votes in favor (91% approval)
- Say-on-Pay Frequency: Overwhelming support for annual voting with 76.3M votes (99% approval)
- Auditor Appointment: Deloitte & Touche LLP ratified as independent auditor through December 28, 2025, with 93.8M votes in favor (99% approval)
The Board has confirmed it will maintain annual advisory votes on executive compensation until the next frequency vote or Board determination. The filing was certified by CFO Tricia Tolivar.