Cava, the fast-casual Mediterranean restaurant chain, reported record-breaking revenue for fiscal year 2025 and forecast sales growth for fiscal year 2026. Shares gained roughly 10% in extended trading Tuesday. CFO Tricia Tolivar highlighted the company’s ability to minimize price increases while seeing improvement in trends across various demographics.

Despite a pullback among younger consumers last quarter, Cava saw a firming trend in the final three months of its fiscal year. The restaurant chain reported same-store sales up 0.5% in its fiscal fourth quarter, beating Wall Street estimates. Cava raised prices by 1.7% in 2025 and plans “very modest increases” for 2026.

Cava recorded 72 net new restaurant openings in fiscal 2025 for a total of 439 locations. In the fourth quarter, the company reported earnings per share of 4 cents and revenue of $275 million, surpassing analysts’ expectations. CEO Brett Schulman emphasized the brand’s value proposition and resonating with consumers.

For fiscal year 2026, Cava expects 74 to 76 net new restaurant openings and same-store sales growth of 3% to 5%. The company anticipates strong results from upcoming menu additions, including a salmon offering, marking Cava’s first entry into seafood.

Read more at CNBC

– US stocks closed higher on Friday, with the S&P 500 reaching a new record high.
– The Dow Jones Industrial Average rose 0.7%, the S&P 500 gained 0.4%, and the Nasdaq Composite added 0.1%.
– The S&P 500 and the Nasdaq both posted their fourth straight weekly gain.
– The energy sector led the gains, with oil prices hitting a 6-year high.: CAVA Q4 2025 earnings