Company: CAVA
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007882
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Company: CAVA GROUP, INC.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1A
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Table of Contents

Summary of Risk Factors

An investment in our common stock involves risks. The following risks, trends, and uncertainties, which are discussed more fully in “Item 1A. Risk Factors,” and all of the other information contained in this Annual Report on Form 10-K should be considered carefully before investing in our common stock. These risks include, but are not limited to, the following: 

•We operate in a highly competitive industry; 

•Our future growth depends on our ability to open new restaurants while managing our growth effectively and maintaining our culture, and our historical growth may not be indicative of our future growth;

•We may not be able to successfully identify appropriate locations and develop and expand our operations in existing and new markets;

•New restaurants may not be profitable, and may negatively affect sales at our existing locations;

•Negative changes in guest perception of our brand could negatively impact our business;

•Our efforts to market our restaurants and brand may not be successful;

•Food safety issues and food-borne illness concerns may harm our business;

•If we are unable to maintain or increase prices, our margins may decrease;

•The growth of our business depends on our ability to accurately predict guest trends and demand and successfully introduce new menu offerings and improve our existing menu offerings;

•Economic factors and guest behavior trends, which are uncertain and largely beyond our control, may adversely affect guests’ behavior and our ability to maintain or increase sales at our restaurants;

•We are subject to risks associated with leasing property;

•We may not be able to successfully expand our digital and delivery business, which is subject to risks outside of our control;

•Our inability or failure to utilize, recognize, respond to, and effectively manage the immediacy of social media could have a material adverse effect on our business;

•We may not realize the anticipated benefits from past and potential future acquisitions, investments or other strategic initiatives; 

•We may not be able to manage our manufacturing and supply chain effectively, which may adversely affect our results of operations;

•Our reliance on third parties could have an adverse effect on our business, financial condition, and results of operations; 

•We may not successfully optimize, operate, and manage our production facilities;

•We may experience shortages, delays, or interruptions in the delivery of food items and other products;

•We may face increases in food, commodity, energy, and other costs;

•We may face increases in labor costs, labor shortages, and difficulties in our ability to identify, hire, train, motivate, and retain