Strong Revenue Growth
CAVA's revenue in the first quarter of 2025 grew 28.2% year-over-year to $328.5 million.
Same Restaurant Sales and Traffic Increase
CAVA same restaurant sales increased 10.8%, driven by traffic growth of 7.5%.
Expansion and Restaurant Openings
Opened 15 net new restaurants, ending the quarter with 382 restaurants, representing an 18.3% increase year-over-year.
Adjusted EBITDA Growth
Adjusted EBITDA of $44.9 million, a 34.6% increase over the first quarter of 2024.
Net Income Surge
Net income of $25.7 million, an 83.7% increase over the first quarter of 2024.
Surpassing Revenue Milestone
Surpassed $1 billion in revenue on a trailing 12-month basis.
Loyalty Program Expansion
Loyalty program membership approaching 8 million, with sales through the program up 340 basis points as a percentage of total revenue.
Positive Cash Flow and Strong Liquidity
Free cash flow of $2.7 million, with $369.4 million in cash and investments and zero debt outstanding.