CAVA Group, Inc. (CAVA) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, ladies and gentlemen, and welcome to the CAVA Q3 2025 earnings call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press zero for the operator. This call is being recorded on Tuesday, November 4th, 2025. I would now like to turn the conference over to Matt Milanovich, Head of Investor Relations. Please go ahead. Good afternoon, and welcome to CAVA's third quarter 2025 financial results conference call. Before we begin, if you do not already have a copy, the earnings released and related 8K furnished to the SEC are available on our website at investor.cava.com. The purpose of this conference call was 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 which is posted on the company's website. Before we begin, let me remind everyone that this call will contain forward-looking statements. For this purpose, any statements made during this call that are not statements of historical fact may be deemed to be forward-looking statements. Investors should be aware that any forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those discussed here today. These risk factors are explained in detail in COPPA's most recent annual report on Form 10-K, as may be updated by its repor...