Cava Group (Cava Group) COGS-to-Revenue : 0.75 (As of Apr. 2024)

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What is Cava Group COGS-to-Revenue?

Cava Group's Cost of Goods Sold for the three months ended in Apr. 2024 was $193.6 Mil. Its Revenue for the three months ended in Apr. 2024 was $259.0 Mil.

Cava Group's COGS to Revenue for the three months ended in Apr. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cava Group's Gross Margin % for the three months ended in Apr. 2024 was 25.24%.

Cava Group COGS-to-Revenue Historical Data

The historical data trend for Cava Group's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cava Group COGS-to-Revenue Chart

Cava Group Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.84

0.83

0.75

Cava Group Quarterly Data
	Sep21	Dec21	Apr22	Sep22	Dec22	Apr23	Sep23	Dec23	Apr24
COGS-to-Revenue	Get a 7-Day Free Trial				0.82	0.75	0.75	0.77	0.75

Cava Group COGS-to-Revenue Calculation

Cava Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	548.354	/	728.7
	=	0.75

Cava Group's COGS to Revenue for the quarter that ended in Apr. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	193.64	/	259.006
	=	0.75

Cava Group (NYSE:CAVA) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Cava Group's Gross Margin % for the three months ended in Apr. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	193.64 / 259.006
	=	25.24 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Cava Group COGS-to-Revenue Related Terms

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Cava Group (Cava Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Cava Group Inc (NYSE:CAVA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Ridge Square NW, Suite 500,, Washington, DC, USA, 20016

Website

https://www.cava.com

Cava Group Inc owns and operates a chain of restaurants. It is the category-defining Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying flavors at scale. The company's operations are conducted as two reportable segments: CAVA and Zoes Kitchen.

Executives

Philippe Amouyal	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Jennifer Somers	officer: Chief Operations Officer	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Kenneth Robert Bertram	officer: CLO & Secretary	3404 CHOCO CHASE, MECHNICSBURG NY 17055
Tricia K. Tolivar	officer: Chief Financial Officer	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Todd Klein	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Theodoros Xenohristos	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Swan Hospitality 4 Llc	10 percent owner	108 LOUDOUN STREET SW, LEESBURG VA 20175
Act Iii Holdings Llc	10 percent owner	23 PRESCOTT STREET, BROOKLINE MA 02446
Adam David Phillips	officer: Chief Accounting Officer	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Benjamin Felt	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
David Bosserman	director	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Brett Schulman	director, 10 percent owner, officer: CEO and President	C/O CAVA GROUP, INC., 14 RIDGE SQUARE NW, SUITE 500, WASHINGTON DC 20016
Cava Act Iii Trust, Llc	10 percent owner	23 PRESCOTT STREET, BROOKLINE MA 02446
Cava Act Iii, Llc	10 percent owner	23 PRESCOTT STREET, BROOKLINE MA 02446
Todd D Klein	director	1717 RHODE ISLAND AVENUE, N.W., 10TH FLOOR, WASHINGTON DC 20036