Company: CAVA
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001628280-25-049080
Chunk: 54

Company: CAVA GROUP, INC.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 2
Chunk 54
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 efficiencies realized since the commencement of operations at our facility in Verona, VA in the first quarter of fiscal 2024.

18

Consolidated Results

The following table summarizes our consolidated results of operations:

Twelve Weeks Ended(in thousands)October 5,2025October 6,2024Change$% of Revenue$% of Revenue$%Revenue $292,238 100.0 %$243,817 100.0 %$48,421 19.9 %Operating expenses:Restaurant operating costs (excluding depreciation and amortization)Food, beverage, and packaging88,289 30.2 73,540 30.2 14,749 20.1 Labor73,849 25.3 61,233 25.1 12,616 20.6 Occupancy19,523 6.7 16,412 6.7 3,111 19.0 Other operating expenses38,211 13.1 29,985 12.3 8,226 27.4 Total restaurant operating expenses219,872 75.2 181,170 74.3 38,702 21.4 General and administrative expenses31,499 10.8 29,830 12.2 1,669 5.6 Depreciation and amortization17,628 6.0 14,325 5.9 3,303 23.1 Restructuring and other costs— — 230 0.1 (230)(100.0)Pre-opening costs4,942 1.7 2,819 1.2 2,123 75.3 Impairment and asset disposal costs1,176 0.4 1,675 0.7 (499)(29.8)Total operating expenses275,117 94.1 230,049 94.4 45,068 19.6 Income from operations17,121 5.9 13,768 5.6 3,353 24.4 Interest income, net(3,575)(1.2)(4,091)(1.7)516 (12.6)Other expense (income), net30 — (50)— 80 (160.0)Income before taxes20,666 7.1 17,909 7.3