Cava Group (CAVA) saw a significant drop of 21.74% in after-hours trading on Tuesday, August 12, 2025, with shares falling to $66.13 from the regular session’s close of $84.50.
This decline followed the company’s Q2 earnings report, which revealed mixed results: a slight revenue miss at $278.25 million against expectations of $286.58 million and a modest earnings beat with EPS of $0.16, versus the anticipated $0.14.
Despite year-over-year revenue growth of 19%, a decrease in EPS from the previous year’s $0.17 contributed to investor reactions. Trading volume for the day was robust at 5.56 million shares.