Overview

• Cava reported Q1 2025 revenue of $332 million, surpassing analyst expectations of $327 million, with same-store sales growth of 10.8%.
• The company achieved a milestone of over $1 billion in trailing 12-month revenue, reflecting strong consumer demand for its Mediterranean offerings.
• Cava raised its 2025 restaurant-opening target to 64–68 new locations, up from its previous guidance of 62–66, and remains on track to reach 1,000 locations by 2032.
• CFO Tricia Tolivar confirmed there are no price increases planned for the remainder of 2025, emphasizing Cava’s disciplined pricing strategy amid economic pressures.
• CEO Brett Schulman highlighted limited exposure to U.S. tariffs due to domestic sourcing and contracted ingredients, ensuring operational stability.