CAVA (US:CAVA)2025-05-15 20:20Financial Performance - CAVA's revenue reached $328.5 million in Q1 2025, a 28.2% increase compared to Q1 2024[9, 12] - Same Restaurant Sales (SRS) grew by 10.8% in Q1 2025[9, 15] - CAVA experienced a 7.5% increase in traffic[9, 22] - Restaurant-Level Profit Margin was 25.1% in Q1 2025[9, 17, 21] - Total Company Adjusted EBITDA was $44.9 million, a 34.6% increase compared to Q1 2024[9] - Total Company Net Income was $25.7 million, a 115.3% increase compared to Q1 2024[9] - Free Cash Flow was $2.7 million in Q1 2025, with Cash from Operations at $38.6 million[9] Expansion and Outlook - CAVA opened 15 net new restaurants in Q1 2025, representing an 18.3% year-over-year increase in total CAVA restaurants[14, 22] - The company anticipates opening 64-68 net new restaurants in 2025[33] - CAVA projects Same Restaurant Sales Growth of 6.0%-8.0% for the fiscal year 2025[33] - CAVA expects a Restaurant Level Profit Margin of 24.8%-25.2% for fiscal year 2025[33]