CAVA Group, the US-based Mediterranean fast-casual dining chain, has announced an impressive 21.2% revenue growth for the fourth quarter of fiscal year 2025, reaching $272.8 million compared to $225.1 million in the same quarter last year. This notable increase is primarily attributed to the successful opening of 87 new Cava locations during or after the fourth quarter of fiscal year 2024, along with a modest 0.5% rise in same-restaurant sales.
Despite the revenue boost, CAVA reported a decline in adjusted net income for the quarter, dropping to $4.9 million from $6.5 million in the previous year. The decrease is chiefly due to higher depreciation and amortization expenses, although this was somewhat mitigated by lower expenses related to equity-based compensation. The company’s adjusted EBITDA for the period increased slightly to $25.8 million, up from $25.1 million year-on-year.
For the entire fiscal year 2025, CAVA’s revenue grew by an impressive 22.5%, totaling $1.16 billion. The net income for the year was $63.7 million, a decline from $130.3 million the year prior, although the full-year adjusted EBITDA rose to $152.8 million from $126.2 million in fiscal year 2024. Same-restaurant sales experienced a robust 4% increase.
With 72 net new restaurant openings in FY25, CAVA now operates a total of 439 locations, marking a 19.6% growth in its restaurant count year-on-year. Co-founder and CEO Brett Schulman highlighted 2025 as a significant milestone for the company, emphasizing their commitment to bringing “heart, health, and humanity to food” while strategically scaling the business. Schulman noted the brand’s growing momentum and market share gains as a testament to its strong value proposition in an ever-evolving consumer landscape.
Looking ahead, CAVA Group anticipates opening between 74 and 76 new locations in fiscal year 2026 and expects same-restaurant sales to increase by 3% to 5%. This forward-looking strategy illustrates CAVA’s dedication to expanding its footprint while maintaining a focus on customer satisfaction and brand resonance. The continued growth suggests a positive future for the fast-casual dining segment and for CAVA specifically as it strives to meet the needs of a discerning dining audience.