Q1 2025 CAVA Group Inc Earnings Call Transcript

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May 16, 2025

May 15, 2025 / 09:00PM GMT
Operator

Good afternoon, ladies and gentlemen, and welcome to the CAVA first-quarter 2025 earnings conference call. (Operator Instructions) This call is being recorded on May 15, 2025.

I would now like to turn the conference over to Matt Milanovich. Please go ahead.

Matt Milanovich - CAVA Group Inc - Senior Vice President, Finance and Investor Relations

Good afternoon, and welcome to CAVA's first-quarter 2025 financial results conference call. Before we begin, if you do not already have a copy, the earnings release and related 8-K furnished to the SEC are available on our website at investor.cava.com.

The purpose of this conference call is to give investors further details regarding the company's financial results as well as a general update on the company's progress. You will find reconciliations of any non-GAAP financial measure discussed on today's call to the most directly comparable financial measure calculated in accordance with GAAP to the extent available without unreasonable efforts in today's earnings release and supplemental deck, each of

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