Slide 1: Q2 2026 Earnings Supplemental
Q2 2026 Earnings Supplemental August 11th, 2026
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements This presentation contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that reflect our current views with respect to, among other things, our operations and financial performance. F
Slide 3: Our Mission
OUR MISSION To bring heart, health, and humanity to food. WE BELIEVE IN: Serving delicious food that helps more people eat well and live well. Taking care of the people and things that feed us: the earth, farmers, purveyors, and team members. Food as a unifier, for a more diverse yet inclusive world
Slide 4: Q2 2026 Results
DRAFT Q2 2026 RESULTS Sam e Restaur ant CAVA Revenue Sales (SRS%) $365.4M 9.0% +31.3% versus Q2 2025 Gues t Traffic 5.3% CAVA Rest aurant Le ve l Pr ofit Ma rgin Adju sted EBITDA* $54.7M 25.7% $9 3. 8M CAV A +30.0% versus Q2 2025 Rest aurant Leve l Profit YTD Free Cas h F low Net Income $23.0M $44.8
Slide 5: Q2 2026 Business Highlights
Q2 2026 • CAVA Revenue up 31.3% BUSINESS HIGHLIGHTS YoY • 9.0% SRS% growth CAVA Revenue (in mi llion s) Same Restaurant Sales • 5.3% traffic growth $434.4 $365.4 9.7% 9.0% $278.2 $289.8 $272.8 • 17 Net New CAVA 2.1% 1.9% Restaurant Openings 0.5% • 19.6% increase in total Q2 '25 Q3 '25 Q4 '25 Q1 '26
Slide 6: 2026 Strategic Pillars
2026 STRATEGIC PILLARS Expand Our Mediterranean Way in Communities Across The Country Develop Personal Relationships with Guests, Even As We Scale Run Great Restaurants, Every Location, Every Shift Operate as a High-Performing Team
Slide 7: CAVA's New Summer Menu
CAVA’S NEW SUMMER MENU CAVA's new summer menu features bold Mediterranean flavors with refreshing drinks and proves that wholesome, seasonal eating doesn't have to be boring A few guest feelings… Strawberry Ginger Drink Strawberry Steak Salad Harissa BBQ Pita Chips Pomegranate Glazed Salmon Bowl
Slide 8: Summer Supper Series
SUMMER SUPPER SERIES Inspired by the Mediterranean tradition of gathering around the table, our Summer Supper Series brought seasonal moments to life through dining experiences that sparked conversation and connection, culminating in San Francisco, where we announced CAVA’s entry into the market in
Slide 9: 2026 Full Year Outlook
2026 FULL YEAR OUTLOOK Net New CAVA Restaurant Openings: 75 -77 Same Restaurant Sales: 4.5% - 6.5% CAVA Restaurant-Level Profit Margin: 23.7% - 24.3% Pre-Opening Costs: $22.0M - $22.5M Adjusted EBITDA: $181.0 – $191.0 Act ual results may differ materially from CAVA Group's fiscal 2026 guidance as a
Slide 10: Adjusted EBITDA & Free Cash Flow Reconciliation
ADJUSTED EBITDA & FREE CASH FLOW RECONCILIATION Q2 Q1 FY Q4 Q3 Q2 Adjusted EBITDA Reconciliation, $000s 2026 2026 2025 2025 2025 2025 Net income $23,017 $23,566 $63,743 $4,921 $14,747 $18,368 Interest income, net (3,293) (4,082) (15,045) (3,272) (3,575) (3,581) Provision for income taxes 7,561 6,473
Slide 11: Thank You!
CAVA THANK YOU!