CAVA Group, Inc. Earnings Recaps
Q3 2025
Nov 6, 2025
CAVA's Q3 2025 results demonstrate strong growth, with revenue up 20% and significant gains in average unit volumes, underscoring the company's leadership in the Mediterranean food category.
Key takeaways
- Revenue of $40 million in Q3 2025, marking a 19.6% increase year-over-year in adjusted EBITDA.
- Same-store sales growth of 1.9%, along with a restaurant-level profit margin of 24.6%.
- Expansion continues with the addition of 17 net new locations, bringing the total to 415 restaurants across 28 states.
- Innovative menu offerings, including successful market tests of chicken shawarma and a new salmon dish, enhance customer engagement.
- CAVA's rewards program has grown by 36% since its redesign, deepening personal connections with guests.
Q2 2025
Aug 13, 2025
CAVA's Q2 2025 performance reflects strong momentum with a 20.3% revenue increase year-over-year and strategic expansion, positioning the brand as a leader in the expanding Mediterranean cuisine market.
Key takeaways
- Revenue reached $137.8 million, marking a 20.3% increase from Q2 2024 and a 62.6% rise over two years.
- Adjusted EBITDA rose 22.6% to $42.1 million, showcasing operational efficiency and profitability.
- The company opened 16 new restaurants, bringing the total to 398, signaling strong demand and a robust growth trajectory.
- Same-restaurant sales grew 2.1%, reflecting ongoing brand strength despite challenging comparisons from previous year's launches.
- Market tests for new menu items like chicken shawarma show positive early results, indicating potential for future growth and innovation.