CAVA Group, Inc. (CAVA) released earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $25.71 million, or $0.22 per share. This compares with $13.99 million, or $0.12 per share, last year.
Analysts on average had expected the company to earn $0.15 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 28.1% to $331.826 million from $259.006 million last year.
CAVA Group, Inc. earnings at a glance (GAAP) :
-Earnings: $25.71 Mln. vs. $13.99 Mln. last year.
-EPS: $0.22 vs. $0.12 last year.
-Revenue: $331.826 Mln vs. $259.006 Mln last year.
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