CAVA GROUP INC
For the period ended Oct 6, 2024. Filed Nov 13, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 6, 2024 · Filed Nov 13, 2024
CAVA$60.39-3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Balance Sheets
| CAVA GROUP, INC. | ||
|---|---|---|
| UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS | ||
| (in thousands, except per share amount) | October 6,2024 | December 31,2023 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $367,160 | $332,428 |
| Trade accounts receivable, net | 6,483 | 3,662 |
| Other accounts receivable | 6,717 | 8,223 |
| Inventories | 7,335 | 5,637 |
| Prepaid expenses and other | 5,565 | 4,962 |
| Total current assets | 393,260 | 354,912 |
| Property and equipment, net | 363,216 | 330,730 |
| Operating lease assets | 314,073 | 289,451 |
| Goodwill | 1,944 | 1,944 |
| Intangible assets | 1,355 | 1,355 |
| Other long-term assets | 5,691 | 5,365 |
| Total assets | $1,079,539 | $983,757 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $25,336 | $17,234 |
| Accrued expenses and other | 67,894 | 59,219 |
| Operating lease liabilities, current | 41,211 | 32,583 |
| Total current liabilities | 134,441 | 109,036 |
| Deferred income taxes | 79 | 79 |
| Operating lease liabilities | 328,582 | 303,615 |
| Other long-term liabilities | — | 225 |
| Total liabilities | 463,102 | 412,955 |
| Commitments and Contingencies (Note 9) | ||
| Stockholders' equity: | ||
| Common stock, par value $0.0001 per share; 2,500,000 shares authorized; 114,563 and 113,708 issued and outstanding, respectively | 11 | 11 |
| Treasury stock, at cost; 1,382 shares and 1,086 shares, respectively | (27,563) | (9,727) |
| Additional paid-in capital | 1,039,952 | 1,028,181 |
| Accumulated deficit | (395,963) | (447,663) |
| Total stockholders’ equity | 616,437 | 570,802 |
| Total liabilities and stockholders' equity | $1,079,539 | $983,757 |
| The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. | ||
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