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CAVA GROUP, INC.（CAVA）与NOODLES & Co（NDLS）财务数据对比。点击上方公司名可切换其他公司
CAVA GROUP, INC.的季度营收约是NOODLES & Co的2.3倍（$280.6M vs $122.1M），CAVA GROUP, INC.净利率更高（6.5% vs -7.5%，领先14.0%），CAVA GROUP, INC.同比增速更快（20.2% vs -4.1%），CAVA GROUP, INC.自由现金流更多（$19.2M vs $-2.8M）
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。
Noodles & Company是源自美国的休闲快餐连锁品牌，主打融合多国风味及美式特色的面条菜品，同时也供应汤品和沙拉。品牌由亚伦·肯尼迪创立于1995年，总部位于科罗拉多州布鲁姆菲尔德，截至2022年年中，品牌已在美国31个州开出了458家门店。
CAVA vs NDLS — 直观对比
营收规模更大
CAVA
是对方的2.3倍
$122.1M
营收增速更快
CAVA
高出24.3%
-4.1%
净利率更高
CAVA
高出14.0%
-7.5%
自由现金流更多
CAVA
多$22.0M
$-2.8M
损益表 — Q2 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $280.6M | $122.1M |
| 净利润 | $18.4M | $-9.2M |
| 毛利率 | — | — |
| 营业利润率 | 7.0% | -5.2% |
| 净利率 | 6.5% | -7.5% |
| 营收同比 | 20.2% | -4.1% |
| 净利润同比 | -7.0% | 32.8% |
| 每股收益（稀释后） | $0.16 | $-0.20 |
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CAVANDLS
| Q3 25 | $280.6M | $122.1M | ||
| Q2 25 | $331.8M | $123.8M | ||
| Q4 24 | — | $122.8M | ||
| Q3 24 | $233.5M | $127.4M | ||
| Q2 24 | $259.0M | $121.4M | ||
| Q1 24 | — | $124.3M | ||
| Q4 23 | $175.6M | $127.9M | ||
| Q3 23 | — | $125.2M |
净利润CAVANDLS
| Q3 25 | $18.4M | $-9.2M | ||
| Q2 25 | $25.7M | $-9.1M | ||
| Q4 24 | — | $-6.8M | ||
| Q3 24 | $19.7M | $-13.6M | ||
| Q2 24 | $14.0M | $-6.1M | ||
| Q1 24 | — | $-6.1M | ||
| Q4 23 | $6.8M | $700.0K | ||
| Q3 23 | — | $-1.3M |
毛利率CAVANDLS
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 26.7% | — | ||
| Q2 24 | 25.2% | — | ||
| Q1 24 | — | — | ||
| Q4 23 | 25.3% | — | ||
| Q3 23 | — | — |
营业利润率CAVANDLS
| Q3 25 | 7.0% | -5.2% | ||
| Q2 25 | 4.7% | -5.2% | ||
| Q4 24 | — | -3.9% | ||
| Q3 24 | 6.9% | -9.0% | ||
| Q2 24 | 3.6% | -3.4% | ||
| Q1 24 | — | -3.7% | ||
| Q4 23 | 1.6% | 1.6% | ||
| Q3 23 | — | -0.2% |
净利率CAVANDLS
| Q3 25 | 6.5% | -7.5% | ||
| Q2 25 | 7.7% | -7.3% | ||
| Q4 24 | — | -5.5% | ||
| Q3 24 | 8.5% | -10.7% | ||
| Q2 24 | 5.4% | -5.1% | ||
| Q1 24 | — | -4.9% | ||
| Q4 23 | 3.9% | 0.5% | ||
| Q3 23 | — | -1.0% |
每股收益（稀释后）CAVANDLS
| Q3 25 | $0.16 | $-0.20 | ||
| Q2 25 | $0.22 | $-0.20 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | $0.17 | $-0.30 | ||
| Q2 24 | $0.12 | $-0.14 | ||
| Q1 24 | — | $-1.64 | ||
| Q4 23 | $0.06 | $0.02 | ||
| Q3 23 | — | $-0.03 |
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 | $4.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $750.7M | $-38.9M |
| 总资产 | $1.3B | $280.6M |
| 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CAVANDLS
| Q3 25 | $290.2M | $4.7M | ||
| Q2 25 | $289.4M | $1.4M | ||
| Q4 24 | — | $3.3M | ||
| Q3 24 | $343.7M | $1.8M | ||
| Q2 24 | $329.1M | $1.3M | ||
| Q1 24 | — | $3.0M | ||
| Q4 23 | $340.4M | $2.5M | ||
| Q3 23 | — | $3.1M |
股东权益CAVANDLS
| Q3 25 | $750.7M | $-38.9M | ||
| Q2 25 | $726.2M | $-13.9M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | $595.4M | $9.6M | ||
| Q2 24 | $580.8M | $21.9M | ||
| Q1 24 | — | $27.2M | ||
| Q4 23 | $565.7M | $32.5M | ||
| Q3 23 | — | $36.1M |
总资产CAVANDLS
| Q3 25 | $1.3B | $280.6M | ||
| Q2 25 | $1.2B | $319.4M | ||
| Q4 24 | — | $340.5M | ||
| Q3 24 | $1.0B | $346.3M | ||
| Q2 24 | $1.0B | $360.4M | ||
| Q1 24 | — | $368.1M | ||
| Q4 23 | $985.0M | $368.8M | ||
| Q3 23 | — | $357.6M |
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 | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $19.2M | $-2.8M |
| 自由现金流率自由现金流/营收 | 6.8% | -2.3% |
| 资本支出强度资本支出/营收 | 14.7% | 5.8% |
| 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 | $-7.5M |
8季度趋势，按日历期对齐
经营现金流CAVANDLS
| Q3 25 | $60.3M | $4.3M | ||
| Q2 25 | $38.6M | $4.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $48.9M | $4.7M | ||
| Q2 24 | $38.4M | $7.0M | ||
| Q1 24 | — | $164.0K | ||
| Q4 23 | $26.0M | $16.9M | ||
| Q3 23 | — | $3.2M |
自由现金流CAVANDLS
| Q3 25 | $19.2M | $-2.8M | ||
| Q2 25 | $2.7M | $1.1M | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | $22.7M | $-4.5M | ||
| Q2 24 | $4.7M | $-1.6M | ||
| Q1 24 | — | $-15.2M | ||
| Q4 23 | $-9.1M | $4.1M | ||
| Q3 23 | — | $-10.3M |
自由现金流率CAVANDLS
| Q3 25 | 6.8% | -2.3% | ||
| Q2 25 | 0.8% | 0.9% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | 9.7% | -3.5% | ||
| Q2 24 | 1.8% | -1.4% | ||
| Q1 24 | — | -12.2% | ||
| Q4 23 | -5.2% | 3.2% | ||
| Q3 23 | — | -8.2% |
资本支出强度CAVANDLS
| Q3 25 | 14.7% | 5.8% | ||
| Q2 25 | 10.8% | 2.4% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | 11.2% | 7.2% | ||
| Q2 24 | 13.0% | 7.1% | ||
| Q1 24 | — | 12.3% | ||
| Q4 23 | 20.0% | 10.0% | ||
| Q3 23 | — | 10.8% |
现金转化率CAVANDLS
| Q3 25 | 3.28× | — | ||
| Q2 25 | 1.50× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.48× | — | ||
| Q2 24 | 2.74× | — | ||
| Q1 24 | — | — | ||
| Q4 23 | 3.80× | 24.21× | ||
| Q3 23 | — | — |
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% |
NDLS
| Food And Beverage | $119.6M | 98% |
| Franchise | $2.5M | 2% |
