Cava Group Inc. (CAVA) on Tuesday reported second-quarter profit of $6.5 million, beating Wall Street's expectations.

<div class="block">Cava Group Inc. (CAVA) on Tuesday reported second-quarter profit of $6.5 million.</div>
<div class="block">The Washington-based company said it had profit of 21 cents per share.</div>
<div class="block">The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.</div>
<div class="block">The Mediterranean restaurant chain posted revenue of $172.9 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $163.2 million.</div>
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<div class="block"><i>This story was generated by </i><a href="http://www.automatedinsights.com/ap"><i>Automated Insights</i></a><i> using data from Zacks Investment Research. </i>
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Cava: Q2 Earnings Snapshot

Reported a profitable quarter in its first earnings since its June IPO. Take a look here at the New York Stock Exchange shares surging double digits this morning. And the Mediterranean chain reported net sales of about 173 million. That's a 62% pop boosted by six new restaurant openings. Cava plans to open 65 to 70 new locations just this year and the CFO said more diners have shifted from delivery orders to picking up their own food, suggesting the chain's customers might be pulling back a little bit on their restaurant spending or ramping up. However, you want to look at that data point.