Cava CEO: Consumer is navigating through a fog

Business Performance - Traffic grew 20% on a three-year basis [1] - AUVs increased from 230% to 3 million over three years [1] Macroeconomic Factors - Macroeconomic uncertainty exists, creating a "fog" for consumers [1][2] - Shifting tariff policies contribute to this uncertainty [3] Cost Management - The company's supply chain team has been agile in mitigating cost pressures [4] - No inflationary pressures have been observed to date on the supply front [4] - The company is focused on offsetting inflationary pressures with efficiencies [5] Labor Market - No pressure on the labor front has been observed [4]