Company: CAVA
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001628280-25-007882
Chunk: 154

Company: CAVA GROUP, INC.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 154
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ization)Food, beverage, and packaging284,743 29.5 213,458 29.3 71,285 33.4 Labor247,490 25.7 187,326 25.7 60,164 32.1 Occupancy69,851 7.2 58,319 8.0 11,532 19.8 Other operating expenses119,824 12.4 89,251 12.2 30,573 34.3 Total restaurant operating expenses721,908 74.9 548,354 75.3 173,554 31.6 General and administrative expenses120,500 12.5 101,491 13.9 19,009 18.7 Depreciation and amortization60,355 6.3 47,433 6.5 12,922 27.2 Restructuring and other costs580 0.1 6,080 0.8 (5,500)(90.5)Pre-opening costs12,197 1.3 15,718 2.2 (3,521)(22.4)Impairment and asset disposal costs5,055 0.5 4,899 0.7 156 3.2 Total operating expenses920,595 95.5 723,975 99.4 196,620 27.2 Income from operations43,118 4.5 4,725 0.6 38,393 N/MInterest income, net(16,474)(1.7)(8,852)(1.2)(7,622)86.1 Other income, net(318)— (471)(0.1)153 (32.5)Income before taxes59,910 6.2 14,048 1.9 45,862 N/M(Benefit from) provision for income taxes(70,409)(7.3)768 0.1 (71,177)N/MNet income$130,319 13.5 %$13,280 1.8 %$117,039 N/M

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N/M    data not meaningful

Revenue

The increase in consolidated revenue was primarily driven by a $237.2 million increase in our CAVA segment, partially offset by a $3.9