Cava Defies Challenges With Record $1 Billion Revenue And Growing Same-Store Sales In Q4 2026

Cava, the fast-casual Mediterranean restaurant chain, reported strong financial results for its fiscal fourth quarter of 2025, exceeding Wall Street expectations. The company posted revenue of $275 million, surpassing the anticipated $268 million, representing nearly 21% growth year over year. Earnings per share came in at 4 cents, beating the estimated 3 cents, signaling solid profitability despite rising margin pressures.

The restaurant chain experienced a 0.5% increase in same-store sales, defying the forecasted 1.1% decline. This growth was largely driven by a favorable product mix and menu price adjustments, even as foot traffic fell by 1.4%. CFO Tricia Tolivar emphasized that maintaining value for customers was crucial, achieved through modest price increases of around 1.7% earlier in 2025 and plans for further restrained hikes in the coming year.

Fiscal Year 2025 Highlights and Expansion

For the full fiscal year, Cava recorded record-breaking revenue exceeding $1 billion, marking over 20% growth compared to the previous year. Same-restaurant sales rose by 4%, reflecting the brand’s strong appeal. The chain also opened 72 new restaurants, growing its footprint to 439 locations nationwide. CEO Brett Schulman noted that the company’s momentum is fueled not only by expansion but also by its differentiated value proposition focused on bold flavors and healthy food.

Tolivar highlighted sustained improvements across consumer demographics, particularly with younger age groups who had shown a prior spending pullback. She pointed out robust performance in markets with lower median household incomes, reflecting the brand’s accessibility and effort to bridge economic disparities through quality offerings.

Outlook for Fiscal Year 2026

Looking ahead, Cava projects opening 74 to 76 net new restaurants in fiscal 2026. The company anticipates continued same-store sales growth ranging between 3% and 5%, supported by strategic menu innovations. Among upcoming additions, a new salmon entrée will mark Cava’s first foray into seafood, expected to boost customer interest and revenue.

Tolivar reiterated confidence in navigating margin challenges while preserving consumer value, stating the company’s business model allows careful management of price increases without compromising its value perception. The financial outlook reflects a balance between growth ambitions and price strategy amid broader economic headwinds.

This combination of operational execution, product innovation, and strategic expansion positions Cava to sustain its growth trajectory in the competitive fast-casual dining segment.