Matt Milanovic
SVP, Finance
Replay available
CAVA Group, Inc. (NYSE: CAVA) Q4 2025 earnings conference call, held 2026-02-24. Replay captured from the company's public earnings webcast.

SVP, Finance
Co-Founder & CEO
Analyst, JP Morgan
Analyst, William Blair
Analyst, Truvi Securities
Analyst, Bank of America
Analyst, TD Cowen
Analyst, Bernstein
Analyst
Analyst, Morgan Stanley
Analyst, RBC Capital Markets
Analyst, Quebec Capital Markets
Analyst, Mizuho Securities
Analyst, Goldman Sachs
Analyst, Benchmark
Analyst, Melgeus Research
Analyst, UBS
Good afternoon, ladies and gentlemen, and welcome to the CRAVA Q4 and Full Year 2025 Earnings Conference 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 star zero for the operator. This call is being recorded on Tuesday, February 24, 2026. I would now like to turn the conference over to Matt Milanovic, SVP Finance. Please go ahead. Good afternoon, and welcome to CASA's fourth quarter and full year 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 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 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 CABA's most recent annual report on Form 10-K that m...