UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )
CAVA GROUP INC
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
148929102
(CUSIP NUMBER)
June 30, 2023
(Date of Event which Requires Filing of Statement)
Check the appropriate box to designate the Rule pursuant to
which this
Schedule is filed:
[x] Rule 13d - 1(b)
Rule 13d - 1(c)
Rule 13d - 1(d)
1. Name of Reporting Person
T. Rowe Price Investment Management, Inc.
85-4328500
2. Check the Appropriate Box if a Member of a Group
NOT APPLICABLE
3. SEC Use Only
4. Citizenship or Place of Organization
Maryland
Number of Shares Beneficially Owned by Each Reporting Person
With
5. Sole Voting Power* 4,198,112
6. Shared Voting Power* 0
7. Sole Dispositive Power* 12,673,121
8. Shared Dispositive Power 0
9. Aggregate Amount Beneficially Owned by Each Reporting Person
12,673,121
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares
NOT APPLICABLE
11. Percent of Class Represented by Amount in Row 9
11.1%
12. Type of Reporting Person
IA
*Any shares reported in Items 5 and 6 are also reported in
Item 7.
Item 1(a) Name of Issuer:
CAVA GROUP INC
Item 1(b) Address of Issuer's Principal Executive Offices:
14 RIDGE SQUARE NW, SUITE 500, WASHINGTON, DC 20016
Item 2(a) Name of Person(s) Filing:
(1) T. Rowe Price Investment Management, Inc. (Price Investment
Management)
Item 2(b) Address of Principal Business Office:
101 E. Pratt Street, Baltimore, MD 21201
Item 2(c) Citizenship or Place of Organization:
(1) Maryland
Item 2(d) Title of Class of Securities: COMMON STOCK
Item 2(e) Cusip Number: 148929102
Item 3: The person filing this Schedule 13G is an:
X Investment Adviser registered under Section 203 of the Investment
Advisers Act of 1940
Item 4: Reference is made to Items 5-11 on the preceding pages
of this
Schedule 13G.
Item 5: Ownership of Five Percent or Less of a Class
Not Applicable
Item 6: Ownership of More than Five Percent on Behalf of Another
Person
(1) Price Investment Management does not serve as custodian
of the assets of any of its clients; accordingly,
in each
instance only the client or the client's
custodian or
trustee bank has the right to receive
dividends paid with
respect to, and proceeds from the sale
of, such securities.
The ultimate power to direct the receipt
of dividends paid with
respect to, and the proceeds from the
sale of, such securities, is
vested in the individual and institutional
clients which
Price Investment Management serves as
investment adviser.
Any and all discretionary authority which
has been delegated to
Price Investment Management may be revoked
in whole or in part at any time.
Except as may be indicated if this is
a joint filing with one of the
registered investment companies sponsored
by
Price Investment Management which it also
serves as
investment adviser ("T. Rowe Price
Funds"), not more
than 5% of the class of such securities
is owned by any one client
subject to the investment advice of Price
Investment Management.
(2) With respect to securities owned by any one of the T. Rowe
Price
Funds, only the custodian for each of
such Funds, has the right to
receive dividends paid with respect to,
and proceeds from the sale of,
such securities. No other person is known
to have such right, except
that the shareholders of each such Fund
participate proportionately
in any dividends and distributions so
paid.
Item 7: Identification and Classification of the Subsidiary
Which Acquired the
Security Being Reported on By the Parent
Holding Company.
Not Applicable
Item 8: Identification and Classification of Members of the
Group
Not Applicable
Item 9: Notice of Dissolution of Group
Not Applicable
Item 10: Certification
By signing below I certify that, to the
best of my knowledge and
belief, the securities referred to above
were acquired in the
ordinary course of business and were not
acquired and are not
held for the purpose of or with the effect
of changing or
influencing the control of the issuer of
the securities and were
not acquired and are not held in connection
with or as a participant
in any transaction having that purpose
or effect.
T. Rowe Price Investment Management, Inc.
hereby declares and affirms
that the filing of Schedule 13G shall not
be construed as an admission
that Price Investment Management is the
beneficial owner of the
securities referred to, which beneficial
ownership is expressly
denied.
Signature.
After reasonable inquiry and to the best
of my knowledge and belief,
I certify that the information set forth
in this statement is true,
complete and correct.
T. Rowe Price Investment Management, Inc.
Date: July 10, 2023
Signature: /s/ Armando Capasso
Name & Title: Armando Capasso, Vice President
06/30/2023
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