Cava

Q1 FY2027 EarningsQ2 FY26 results beat consensus estimates across top and bottom lines, with revenue reaching $368.4M (+2.3% vs. expected) and Diluted EPS of $0.19 exceeding the $0.18 mean estimate. Same Restaurant Sales growth of 9.0% significantly outperformed the 2.1% YoY in the prior period, driven by a 5.3% increase in guest traffic. Despite strong sales, gross margin of 25.7% slightly missed the 25.8% consensus, primarily due to input costs from new product launches. Management flagged a potential Q3 headwind from a multistate cyclosporiasis outbreak associated with a supplier's lettuce, though the impact is reportedly moderating.