Company: CAVA
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001639438-25-000007
Chunk: 58

Company: CAVA GROUP, INC.
Filing Date: 2025-08-13
Form: 10-Q
Item: Item 2
Chunk 58
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 18.9 Other operating expenses75,931 12.4 60,749 12.3 15,182 25.0 Total restaurant operating expenses453,697 74.1 364,775 74.1 88,922 24.4 General and administrative expenses73,445 12.0 62,121 12.6 11,324 18.2 Depreciation and amortization37,626 6.1 31,055 6.3 6,571 21.2 Restructuring and other costs— — 352 0.1 (352)(100.0)Pre-opening costs9,577 1.6 6,681 1.4 2,896 43.3 Impairment and asset disposal costs2,741 0.4 2,120 0.4 621 29.3 Total operating expenses577,086 94.2 467,104 94.8 109,982 23.5 Income from operations35,355 5.8 25,397 5.2 9,958 39.2 Interest income, net(8,198)(1.3)(8,738)(1.8)540 (6.2)Other income, net(501)(0.1)(138)— (363)N/MIncome before taxes44,054 7.2 34,273 7.0 9,781 28.5 (Benefit from) provision for income taxes(21)— 539 0.1 (560)(103.9)Net income$44,075 7.2 %$33,734 6.8 %$10,341 30.7 %

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N/M data not meaningful

Revenue, Food, beverage, and packaging, Labor, Occupancy, and Other operating expenses:

The increases in Revenue, Food, beverage, and packaging, Labor, Occupancy, and Other operating expenses are primarily driven by the growth of our CAVA Segment. Refer to “CAVA Segment Results” above for more information.

General and administrative expenses:

The increase in general and administrative expenses was primarily due to investments to support future growth, including our CAVA Connect conference, and higher equity-based compensation, including payroll taxes arising from the vesting of RSUs, partially offset by lower performance-based incentive compensation and legal