CAVA Group, Inc. is a fast-casual restaurant chain based in Washington, D.C., specializing in Mediterranean cuisine. In its recently reported first-quarter results for 2025, the company demonstrated significant growth, marked by a 28.2% increase in revenue, reaching $328.5 million compared to $256.3 million in the previous year’s quarter. The growth trajectory continues as CAVA opened 15 new locations during this quarter, raising its total restaurant count to 382, reflecting an 18.3% year-over-year increase.

CAVA reported a same-restaurant sales growth of 10.8%, driven by a 7.5% increase in guest traffic. Over a three-year stack basis, same-restaurant sales showed a notable increase of 41.5%. The restaurant level profit for this quarter hit $82.3 million, which represents 25.1% of revenue, showing a slight decrease from 25.2% in the prior year’s quarter but a 27.4% increase from $64.6 million.

The company’s adjusted EBITDA stood at $44.9 million, which is a 34.6% increase from $33.3 million in the first quarter of 2024. CAVA achieved a net income of $25.7 million, marking an impressive 83.7% growth compared to $14.0 million in the year-ago quarter. The diluted earnings per share rose to $0.22, up from $0.12.

CAVA’s financial outlook for the full year of 2025 includes expectations to open between 64 and 68 new restaurants, along with projecting same-restaurant sales growth of 6% to 8%. The company anticipates restaurant-level profit margins to remain consistent at 24.8% to 25.2%. Estimated pre-opening costs for the year are set between $14.5 million and $15.5 million, while adjusted EBITDA is expected to be in the range of $152 million to $159 million. The company closed the quarter with no debt and $369.4 million in cash and investments.

Overall, CAVA’s robust performance in the first quarter of 2025, including substantial revenue growth, strong same-restaurant sales, and a high net income amidst challenging economic conditions, signifies a rising condition for the company.