Cava (CAVA): FY26 Q3 earnings call, Nov 4, 2026

Wed, Nov 4Earnings callSpeaker-labelled transcriptCava

On its Nov 4, 2026 earnings call (FY26 Q3), Cava said 12 of the 16 words Kalshi listed; Parrot’s count agreed with all 16 settlements. Quotes below are at most 25 words each.

Updated

Markets

16 words · 12 settled yes · our count agreed on 16 of 16
Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability published before the event
WordResultOur countAll speakersAgreesProbabilityMarket
Catering Yes810✓83%n=1+tx from settlement history blended with transcripts–
Same Restaurant / Same Store Yes77✓95%transcripts from the transcript model–
Salmon Yes712✓93%n=3+tx from settlement history blended with transcripts–
Expansion Yes77✓86%n=4+tx from settlement history blended with transcripts–
Shrimp Yes44✓67%n=1+tx from settlement history blended with transcripts–
CavaCore Yes44✓59%n=1+tx from settlement history blended with transcripts–
Tariff Yes44✓35%n=4+tx from settlement history blended with transcripts–
Traffic Yes34✓89%transcripts from the transcript model–
Pomegranate Yes38✓71%transcripts from the transcript model–
Dining Yes33✓28%n=4+tx from settlement history blended with transcripts–
Cyclospora / Cyclosporiasis Yes11✓58%n=1+tx from settlement history blended with transcripts–
Acceleration Yes11✓13%n=4+tx from settlement history blended with transcripts–
Pita Chips No00✓79%n=1+tx from settlement history blended with transcripts–
AI / Artificial Intelligence No00✓69%n=1+tx from settlement history blended with transcripts–
Spice No00✓55%n=4+tx from settlement history blended with transcripts–
Automation No00✓16%n=4+tx from settlement history blended with transcripts–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Nov 4, 2026 02:43 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

Where the listed words were said

Tricia Tolivarcompany“Catering” · qa

Meaning, turning off third-party delivery in those restaurants, and if a catering restaurant, not having catering capabilities, such that the team members can give an…

Brett Schulmancompany“Same Restaurant / Same Store” · prepared

Our third quarter financial highlights include a 22.1% increase in CAVA revenue, same-restaurant sales of 3.1%, 24 net new restaurants, ending the quarter with 500…

Brett Schulmancompany“Salmon” · prepared

…with our guests, so do our bold Mediterranean flavors. Our Pomegranate Glazed Salmon performed in line with our expectations and demonstrated both our ability to…

Brett Schulmancompany“Expansion” · prepared

…me for a ribbon-cutting and celebration in Minneapolis as we continue our expansion in the Midwest. Reaching 500 restaurants ahead of schedule on our commitment…

Brett Schulmancompany“Shrimp” · prepared

In that spirit, we have completed our roasted garlic shrimp market and operational testing and are looking forward to sharing more next quarter on the…

Brett Schulmancompany“CavaCore” · prepared

…and team member development. Capabilities like CAVA Command Center and the operator portal mentioned earlier are made possible by our new CAVA Core data foundation.

Tricia Tolivarcompany“Tariff” · prepared

…the third quarter of 2025 by 10 basis points due to expected tariff recoveries in the current year quarter, the absence of tariffs incurred in…

Brett Schulmancompany“Traffic” · prepared

…of the quarter, followed by the reemergence of high gas prices, impacted traffic across the category. Importantly, these factors do not change the structural strength…

Brett Schulmancompany“Pomegranate” · prepared

…on our Greek Green Goddess Dip sold in grocery channels, and a Pomegranate Apple drink that balances slightly sweet and tart flavors in a vibrant…

Brett Schulmancompany“Dining” · prepared

…prototype, with warmer tones, greenery, and natural light creating a more inviting dining room. As consumers increasingly seek authentic moments and inviting aesthetics, we are…

Tricia Tolivarcompany“Cyclospora / Cyclosporiasis” · prepared

…with guest traffic slightly positive. The estimated effect on same-restaurant sales from Cyclospora and broader concerns around fresh produce consumption was 150 basis points for…

Brett Schulmancompany“Acceleration” · qa

…think the cadence is still appropriate. I know there has been an acceleration in the industry of LTOs in general. I think they have doubled…

Agents: this page as TSV at /api/v1/appearances/cava:2026-11-04:earnings_call · words: /api/v1/brief?appearance=cava:2026-11-04:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP