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CAVA GROUP, INC.（CAVA）与CRACKER BARREL OLD COUNTRY STORE, INC（CBRL）财务数据对比。点击上方公司名可切换其他公司
CRACKER BARREL OLD COUNTRY STORE, INC的季度营收约是CAVA GROUP, INC.的2.8倍（$797.2M vs $280.6M），CAVA GROUP, INC.净利率更高（6.5% vs -3.1%，领先9.6%），CAVA GROUP, INC.同比增速更快（20.2% vs -10.9%），CAVA GROUP, INC.自由现金流更多（$19.2M vs $-88.9M）
Cava是美国知名地中海风味休闲快餐连锁品牌，隶属于上市企业Cava集团。2018年8月集团收购Zoës Kitchen后，成为美国餐饮行业地中海品类规模最大的运营商。除餐厅业务外，集团还生产地中海风味蘸酱、抹酱、沙拉酱等产品，在全美各大商超渠道发售。
Cracker Barrel是源自美国南方乡村风格的连锁餐厅与礼品店品牌，1969年由丹·埃文斯与汤米·洛创立，总部位于田纳西州黎巴嫩。品牌最初门店多开设在美国东南部和中西部的高速公路出口附近，于上世纪90年代至21世纪初逐步扩张至全美各地。
CAVA vs CBRL — 直观对比
营收规模更大
CBRL
是对方的2.8倍
$280.6M
营收增速更快
CAVA
高出31.0%
-10.9%
净利率更高
CAVA
高出9.6%
-3.1%
自由现金流更多
CAVA
多$108.1M
$-88.9M
损益表 — Q2 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $280.6M | $797.2M |
| 净利润 | $18.4M | $-24.6M |
| 毛利率 | — | 68.8% |
| 营业利润率 | 7.0% | -4.1% |
| 净利率 | 6.5% | -3.1% |
| 营收同比 | 20.2% | -10.9% |
| 净利润同比 | -7.0% | -235.7% |
| 每股收益（稀释后） | $0.16 | $-1.10 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CAVACBRL
| Q4 25 | — | $797.2M | ||
| Q3 25 | $280.6M | — | ||
| Q2 25 | $331.8M | $821.1M | ||
| Q1 25 | — | $949.4M | ||
| Q3 24 | $233.5M | $894.4M | ||
| Q2 24 | $259.0M | $817.1M | ||
| Q1 24 | — | $935.4M | ||
| Q4 23 | $175.6M | $823.8M |
净利润CAVACBRL
| Q4 25 | — | $-24.6M | ||
| Q3 25 | $18.4M | — | ||
| Q2 25 | $25.7M | $12.6M | ||
| Q1 25 | — | $22.2M | ||
| Q3 24 | $19.7M | $18.1M | ||
| Q2 24 | $14.0M | $-9.2M | ||
| Q1 24 | — | $26.5M | ||
| Q4 23 | $6.8M | $5.5M |
毛利率CAVACBRL
| Q4 25 | — | 68.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 69.9% | ||
| Q1 25 | — | 67.4% | ||
| Q3 24 | 26.7% | 69.6% | ||
| Q2 24 | 25.2% | 70.0% | ||
| Q1 24 | — | 66.3% | ||
| Q4 23 | 25.3% | 69.0% |
营业利润率CAVACBRL
| Q4 25 | — | -4.1% | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | 4.7% | 1.8% | ||
| Q1 25 | — | 3.1% | ||
| Q3 24 | 6.9% | 2.5% | ||
| Q2 24 | 3.6% | -2.4% | ||
| Q1 24 | — | 3.3% | ||
| Q4 23 | 1.6% | 1.4% |
净利率CAVACBRL
| Q4 25 | — | -3.1% | ||
| Q3 25 | 6.5% | — | ||
| Q2 25 | 7.7% | 1.5% | ||
| Q1 25 | — | 2.3% | ||
| Q3 24 | 8.5% | 2.0% | ||
| Q2 24 | 5.4% | -1.1% | ||
| Q1 24 | — | 2.8% | ||
| Q4 23 | 3.9% | 0.7% |
每股收益（稀释后）CAVACBRL
| Q4 25 | — | $-1.10 | ||
| Q3 25 | $0.16 | — | ||
| Q2 25 | $0.22 | $0.56 | ||
| Q1 25 | — | $0.99 | ||
| Q3 24 | $0.17 | $0.80 | ||
| Q2 24 | $0.12 | $-0.41 | ||
| Q1 24 | — | $1.19 | ||
| Q4 23 | $0.06 | $0.25 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $290.2M | $8.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $750.7M | $428.8M |
| 总资产 | $1.3B | $2.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CAVACBRL
| Q4 25 | — | $8.9M | ||
| Q3 25 | $290.2M | — | ||
| Q2 25 | $289.4M | $9.8M | ||
| Q1 25 | — | $10.3M | ||
| Q3 24 | $343.7M | $12.0M | ||
| Q2 24 | $329.1M | $11.9M | ||
| Q1 24 | — | $12.6M | ||
| Q4 23 | $340.4M | $13.9M |
股东权益CAVACBRL
| Q4 25 | — | $428.8M | ||
| Q3 25 | $750.7M | — | ||
| Q2 25 | $726.2M | $469.3M | ||
| Q1 25 | — | $460.9M | ||
| Q3 24 | $595.4M | $440.1M | ||
| Q2 24 | $580.8M | $426.6M | ||
| Q1 24 | — | $462.0M | ||
| Q4 23 | $565.7M | $460.3M |
总资产CAVACBRL
| Q4 25 | — | $2.2B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | $2.1B | ||
| Q1 25 | — | $2.1B | ||
| Q3 24 | $1.0B | $2.2B | ||
| Q2 24 | $1.0B | $2.2B | ||
| Q1 24 | — | $2.2B | ||
| Q4 23 | $985.0M | $2.2B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $60.3M | $-53.4M |
| 自由现金流经营现金流 - 资本支出 | $19.2M | $-88.9M |
| 自由现金流率自由现金流/营收 | 6.8% | -11.2% |
| 资本支出强度资本支出/营收 | 14.7% | 4.5% |
| 现金转化率经营现金流/净利润 | 3.28× | — |
| 过去12个月自由现金流最近4个季度 | $49.3M | — |
8季度趋势，按日历期对齐
经营现金流CAVACBRL
| Q4 25 | — | $-53.4M | ||
| Q3 25 | $60.3M | — | ||
| Q2 25 | $38.6M | $23.0M | ||
| Q1 25 | — | — | ||
| Q3 24 | $48.9M | $69.5M | ||
| Q2 24 | $38.4M | $37.6M | ||
| Q1 24 | — | $77.7M | ||
| Q4 23 | $26.0M | $-15.8M |
自由现金流CAVACBRL
| Q4 25 | — | $-88.9M | ||
| Q3 25 | $19.2M | — | ||
| Q2 25 | $2.7M | $-13.6M | ||
| Q1 25 | — | — | ||
| Q3 24 | $22.7M | $22.1M | ||
| Q2 24 | $4.7M | $8.2M | ||
| Q1 24 | — | $50.9M | ||
| Q4 23 | $-9.1M | $-40.5M |
自由现金流率CAVACBRL
| Q4 25 | — | -11.2% | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 0.8% | -1.7% | ||
| Q1 25 | — | — | ||
| Q3 24 | 9.7% | 2.5% | ||
| Q2 24 | 1.8% | 1.0% | ||
| Q1 24 | — | 5.4% | ||
| Q4 23 | -5.2% | -4.9% |
资本支出强度CAVACBRL
| Q4 25 | — | 4.5% | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.8% | 4.5% | ||
| Q1 25 | — | — | ||
| Q3 24 | 11.2% | 5.3% | ||
| Q2 24 | 13.0% | 3.6% | ||
| Q1 24 | — | 2.9% | ||
| Q4 23 | 20.0% | 3.0% |
现金转化率CAVACBRL
| Q4 25 | — | — | ||
| Q3 25 | 3.28× | — | ||
| Q2 25 | 1.50× | 1.83× | ||
| Q1 25 | — | — | ||
| Q3 24 | 2.48× | 3.83× | ||
| Q2 24 | 2.74× | — | ||
| Q1 24 | — | 2.93× | ||
| Q4 23 | 3.80× | -2.90× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CAVA
| Restaurant Revenue | $278.2M | 99% |
| Rewards | $2.8M | 1% |
| CPG Revenue And Other | $2.4M | 1% |
CBRL
| Restaurant | $650.6M | 82% |
| Retail | $146.6M | 18% |
