Cava Group Inc. reported first-quarter 2025 earnings that surpassed analyst expectations, with revenue reaching $331.8 million, up 28.2% year-over-year, and adjusted earnings per share of $0.22, beating estimates of $0.02. The Mediterranean fast-casual chain posted same-restaurant sales growth of 10.8%, driven by a 7.5% increase in guest traffic. The company opened 15 net new restaurants during the quarter, bringing its total to 382 locations, and crossed $1 billion in trailing twelve-month revenue. Cava raised its full-year 2025 adjusted EBITDA guidance to a range of $152 million to $159 million from a prior estimate of $150 million to $157 million, and increased its expected net new restaurant openings to 64–68 from 62–66. Despite the strong results, shares declined approximately 3.6% to 4% in after-hours trading, partly due to investor expectations for a higher same-store sales growth forecast, which remained at 6% to 8%. Analysts from JPMorgan and Citi raised their price targets for Cava to $115, maintaining positive ratings and citing the company’s sustained growth trajectory. CEO Brett Schulman highlighted the company’s resilience amid consumer challenges and tariff concerns, noting the continued appetite for its offerings and successful investments that have mitigated inflation impacts. Cava has delivered double-digit same-store sales growth in 13 of the last 15 quarters, underscoring its leadership in the fast-casual dining segment.