Core Insights - Cava reported better-than-expected sales in its latest fiscal quarter, with same-store sales growing 10.8%, surpassing analysts' expectations of 10.3% [1][6] - The company experienced positive traffic growth of 7.5% across all geographies and income cohorts, indicating a shift in consumer behavior towards its offerings [2][3] Financial Performance - Cava's fiscal first-quarter net income reached $25.71 million, or 22 cents per share, up from $13.99 million, or 12 cents per share, a year earlier [6] - Net sales increased by 28% to $332 million, with revenue surpassing $1 billion on a 12-month trailing basis, marking a significant milestone for the company [7] - The company raised its adjusted EBITDA forecast to between $152 million and $159 million, up from the previous range of $150 million to $157 million [8] Market Position and Outlook - Despite strong quarterly performance, Cava maintained its same-store sales forecast of a 6% to 8% increase, anticipating slower growth in the latter half of fiscal 2025 [5] - The company plans to open 64 to 68 new locations, an increase from its prior outlook of 62 to 66 openings [8] - Cava's stock fell 5% in extended trading, reflecting investor concerns over its conservative outlook and economic factors [5]