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CAVA's fiscal first-quarter top line benefits from strong same-restaurant sales growth and new restaurant openings.
Cava co-founder and CEO Brett Schulman joins 'Squawk Box' to discuss the company's quarterly earnings results, state of the consumer, impact of tariffs, growth outlook, and more.
With President Trump continuing his tour through the Middle East, we're seeing a plethora of deals being made there with American corporations.
CAVA Group, Inc. (NYSE:CAVA ) Q1 2025 Earnings Conference Call May 15, 2025 5:00 PM ET Company Participants Matt Milanovich - Investor Relations Brett Schulman - Co-Founder & Chief Executive Officer Tricia Tolivar - Chief Financial Officer Conference Call Participants Sharon Zackfia - William Blair Andy Barish - Jefferies Allison Arfstrom - Piper Sandler Sara Senatore - Bank of America David Tarantino - Baird Zach Ogden - TD Cowen Operator Good afternoon, ladies and gentlemen, and welcome to the CAVA First Quarter 2025 Earnings Conference Call. At this time, all lines are in listen-only mode.
While the top- and bottom-line numbers for Cava (CAVA) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cava Group (CAVA) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.12 per share a year ago.
Here's our initial take on Cava's (CAVA -0.07%) fiscal 2025 first-quarter financial report.
Cava (CAVA) beat on top and bottom lines in its latest earnings report, with revenue up 28% year-over-year. Same-store sales growth clocked in at 10.8% and as George Tsilis explains the report was solid overall.
CNBC's Angelica Peebles reports on Cava's latest earnings report.
Other restaurant companies have reported same-store sales declines and falling traffic as consumers pulled back their restaurant spending.