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

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WEBVTT 00:00:00.031 -- 00:00:05.598 Good afternoon, ladies and gentlemen, and welcome to the CAVA Q3 2025 earnings 00:00:05.598 -- 00:00:07.160 call. 00:00:07.160 -- 00:00:10.004 At this time, all lines are in listen-only mode. 00:00:10.004 -- 00:00:13.729 Following the presentation, we will conduct a question and answer session. 00:00:13.729 -- 00:00:17.975 If at any time during this call you require immediate assistance, please press zero for 00:00:17.975 -- 00:00:22.761 the operator. This call is being recorded on Tuesday, November 4th, 2025. 00:00:22.761 -- 00:00:28.549 I would now like to turn the conference over to Matt Milanovich, Head of Investor Relations. 00:00:28.549 -- 00:00:31.170 Please go ahead. 00:00:32.785 -- 00:00:37.432 Good afternoon, and welcome to CAVA's third quarter 2025 financial results conference 00:00:37.432 -- 00:00:42.499 call. Before we begin, if you do not already have a copy, the earnings released and related 00:00:42.499 -- 00:00:48.385 8K furnished to the SEC are available on our website at investor.cava.com. 00:00:49.129 -- 00:00:52.674 The purpose of this conference call was to give investors further details regarding the 00:00:52.674 -- 00:00:57.762 company's financial results, as well as a general update on the company's progress. 00:00:57.762 -- 00:01:02.391 You will find reconciliations of any non-GAAP financial measure discussed on today's 00:01:02.391 -- 00:01:06.557 call to the most directly comparable financial measure, calculated in accordance with 00:01:06.557 -- 00:01:11.524 GAAP to the extent available without unreasonable efforts in today's earnings release 00:01:11.524 -- 00:01:15.990 and supplemental deck, each of which is posted on the company's website. 00:01:15.990 -- 00:01:20.816 Before we begin, let me remind e...