US EditionCava Group Reports Q1 Earnings: Revenue Jumps 28% - Cava Group (NYSE:CAVA)
- CAVA Group Inc. Reported its first-quarter 2025 financial results, showing a 28.2% revenue increase to $328.5 million and net income of $25.7 million.
- The revenue growth followed broad-based unit growth and a 10.8% same-restaurant sales increase driven by 7.5% traffic growth across all geographies and demographics.
- CAVA opened 15 new restaurants in the quarter, reaching 382 locations, an 18.3% year-over-year expansion, supported by improving guest satisfaction and operational initiatives.
- Despite economic challenges and difficult weather conditions, CEO Brett Schulman emphasized that CAVA’s performance in the first quarter reflects the ongoing resilience of their leading brand in the category.
- The company raised its fiscal 2025 outlook for restaurant openings and adjusted EBITDA, while maintaining same-store sales growth guidance of 6% to 8%, signaling sustained momentum despite market challenges.
13 Articles
13 Articles
Cava is opening up to 68 new restaurants in 2025: See a list of locations coming soon to 5 states
Cava Group Inc. (NYSE: CAVA), the parent company of Cava, a Mediterranean fast-casual restaurant brand, announced it is opening up to 68 new U.S. locations in fiscal 2025, after reporting better-than-expected first quarter earnings results. Cava, also known as Cava Grill, currently operates 382 locations across the United States, in 26 states and Washington, D.C. (as of the close of Q1). 2024 was Cava’s first full calendar year as a public compa…
Cava surpasses $1 billion in revenue—CFO says no plans for price increases
Good morning. A mix of Mediterranean flavors in healthy dishes—along with a side of pita chips—continues to lure diners to Cava, propelling the company to a major milestone. The company announced Thursday that it has surpassed $1 billion in revenue over the most recent 12-month period. Cava's fast-casual business began in 2010 and started trading on the New York Stock Exchange in 2023. What’s behind the momentum? The health-conscious meal option…
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