CAVA GROUP, INC.
For the period ended Jul 13, 2025. Filed Aug 13, 2025.
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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.
Jul 13, 2025 · Filed Aug 13, 2025
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 Statements of Cash Flows
| CAVA GROUP, INC. | ||
|---|---|---|
| UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS | ||
| Twenty-Eight Weeks Ended | ||
| (in thousands) | July 13,2025 | July 14,2024 |
| Cash flows from operating activities: | ||
| Net income | $44,075 | $33,734 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 37,626 | 31,055 |
| Unrealized gain on convertible promissory note | (429) | — |
| Equity-based compensation | 8,505 | 6,949 |
| Impairment and asset disposal costs | 2,741 | 2,120 |
| Changes in operating assets and liabilities: | ||
| Trade accounts receivable | (2,838) | (2,265) |
| Other accounts receivable | (619) | 261 |
| Inventories | (394) | (1,558) |
| Prepaid expenses and other | (1,935) | (143) |
| Operating lease assets | (46,222) | (15,588) |
| Accounts payable | 2,838 | 3,764 |
| Accrued expenses and other | 359 | 6,022 |
| Operating lease liabilities | 55,188 | 22,944 |
| Net cash provided by operating activities | 98,895 | 87,295 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (76,994) | (59,882) |
| Purchases of debt securities | (100,822) | — |
| Investment in convertible promissory note | (5,000) | — |
| Proceeds from principal payments on debt securities | 5,397 | — |
| Net cash used in investing activities | (177,419) | (59,882) |
| Cash flows from financing activities: | ||
| Tax withholding on equity-based compensation awards | — | (17,339) |
| Shares purchased under equity plans | 2,576 | 1,291 |
| Payments on finance lease obligations | — | (45) |
| Net cash provided by (used in) financing activities | 2,576 | (16,093) |
| Net change in cash and cash equivalents | (75,948) | 11,320 |
| Cash and cash equivalents - beginning of year | 366,120 | 332,428 |
| Cash and cash equivalents - end of period | $290,172 | $343,748 |
| Supplemental Disclosure of Cash Flow Information: | ||
| Cash paid for income taxes | $1,366 | $985 |
| Change in accrued purchases of property and equipment | 8,476 | (2,422) |
| The accompanying notes are an integral part of these unaudited condensed consolidated financial statements. | ||
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