Strong Revenue Growth
CAVA reported a 20% increase in revenue year-over-year to $289.8 million, with a 66.8% increase compared to the third quarter of 2023.
Restaurant Expansion
Opened 17 net new restaurants, bringing the total to 415 locations, a 17.9% increase year-over-year.
Adjusted EBITDA Improvement
Adjusted EBITDA was $40 million, a 19.6% increase over the third quarter of 2024.
New Menu Innovations
Introduction of chicken shawarma and successful market test of salmon, indicating strong guest responsiveness.
Loyalty Program Growth
The rewards program grew by approximately 36% year-over-year, with new tiered status levels introduced to enhance guest engagement.
Technological Investments
Rollout of new kitchen display systems to 350 locations by year-end, resulting in improved guest satisfaction scores.