US-based Mediterranean fast-casual chain CAVA Group has reported a 21.2% increase in revenue during Q4 FY25, recording $272.8m compared with $225.1m the year before.
The company attributed the growth to 87 net new CAVA restaurant openings during or after Q4 FY24, along with a 0.5% increase in same-restaurant sales.
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However, the company’s adjusted net income for the quarter that ended on 28 December 2025 dropped to $4.9m from $6.5m recorded during the same period in 2024.
The decline was driven by higher depreciation and amortisation, partly offset by lower equity-based compensation expense.
Adjusted EBITDA for the quarter edged up to $25.8m from $25.1m a year earlier.
For FY25, the company’s revenue increased 22.5% to $1.16bn.
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By GlobalDataNet income for the full year totalled $63.7m, compared with $130.3m in the prior year. In addition, full-year adjusted EBITDA rose to $152.8m from $126.2m in FY24 while same restaurant sales increased by 4%.
CAVA opened 72 net new restaurants over FY25, bringing its total restaurant count to 439, up 19.6% year-on-year.
CAVA Group co-founder and CEO Brett Schulman said: “2025 marked a milestone year for CAVA as we continued to deliver on our mission of bringing heart, health, and humanity to food while scaling the business with a long-term, intentional focus.
“Our momentum and market share gains underscore the strength of our value proposition and reflect how deeply our brand is resonating with today’s increasingly discerning consumer.”
In FY26, the restaurant chain is projecting between 74 and 76 net new CAVA restaurant openings and expects same-restaurant sales to rise between 3% and 5%.
