$CAVA

CAVA Group Non-GAAP EPS of $0.04 beats by $0.01, revenue of $272.8M beats by $4.4M
CAVA Group press release (CAVA): Q4 Non-GAAP EPS of $0.04 beats by $0.01.
Revenue of $272.8M (+21.2% Y/Y) beats by $4.4M.
Net New CAVA Restaurant Openings of 24.
Same Restaurant Sales increased by 0.5%.
CAVA Restaurant-Level Profit of $58.3 million or growth of 15.7% over the prior year quarter, with CAVA Restaurant-Level Profit Margin of 21.4%.
Digital Revenue Mix was 38.9%.
CAVA shares rally on Q4 beat and upbeat guidance
CAVA (CAVA) fourth quarter results beat Wall Street’s expectations and issued solid FY26 guidance, driving shares nearly 10% higher in Tuesday’s after-hours trading and setting the stock up to pierce resistance at its 200-day moving average on Wednesday.
“2025 marked a milestone year for CAVA,” said CEO Brett Schulman. “For the first time in our history, revenue surpassed $1 billion for a full fiscal year in 2025, growing 22.5% for the year. We opened 72 net new restaurants and delivered same-restaurant sales growth of 4.0%. Despite strong prior-year comparisons and a dynamic macroeconomic environment, the power of our model and the momentum of our brand remain clear."
The restaurant chain earned an adjusted profit of $0.04 per share, down a penny from a year ago due to higher depreciation and amortization costs but a penny better than expected. Excluding these charges, operating income increased by 2.6% to $25.8M versus $24.3M estimates.
With 87 new restaurants and an increase of 0.5% in same restaurant sales (versus expectations for a decline of 1.1%), total revenue increased more than 21% to $272.8M, exceeding estimates by $4.4M.
Restaurant-level profit margin of 21.4% was slightly below 21.5% estimates and was down 100 basis points from a year ago. This was largely attributed to third-party delivery, technology costs associated with its kitchen display system investments, higher food costs due to increased tariffs, and incremental wage investments.
For FY26, CAVA (CAVA) expects same restaurant sales to increase by 3% to 5%, a profit margin of 23.7% to 24.2%, and adjusted EBITDA between $176M and $184M, up from $152.8M in FY25.
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