CAVA Group, Inc. (CAVA) Q4 2025 Earnings Call

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WEBVTT 00:00:01.583 -- 00:00:06.609 Good afternoon, ladies and gentlemen, and welcome to the CRAVA Q4 and Full 00:00:06.609 -- 00:00:11.896 Year 2025 Earnings Conference Call. At this time, all lines 00:00:11.896 -- 00:00:17.183 are in listen-only mode. Following the presentation, we will conduct a question 00:00:17.183 -- 00:00:23.391 and answer session. If at any time during this call you require immediate assistance, 00:00:23.391 -- 00:00:28.639 please press star zero for the operator. This call is being recorded 00:00:28.639 -- 00:00:33.062 on Tuesday, February 24, 2026. I 00:00:33.284 -- 00:00:39.390 would now like to turn the conference over to Matt Milanovic, SVP Finance. 00:00:39.390 -- 00:00:42.211 Please go ahead. 00:00:44.396 -- 00:00:49.501 Good afternoon, and welcome to CASA's fourth quarter and full year 2025 financial results 00:00:49.501 -- 00:00:54.880 conference call. Before we begin, if you do not already have a copy, The earnings released 00:00:54.880 -- 00:01:00.586 and related 8K furnished to the SEC are available on our website at investor.cava.com. 00:01:01.450 -- 00:01:05.455 The purpose of this conference call is to give investors further details regarding the 00:01:05.455 -- 00:01:10.542 company's financial results as well as a general update on the company's progress. 00:01:10.542 -- 00:01:15.029 You will find reconciliations of any non-GAAP financial measure discussed on today's 00:01:15.029 -- 00:01:19.234 call to the most directly comparable financial measure calculated in accordance with 00:01:19.234 -- 00:01:24.958 GAAP to the extent available without unreasonable efforts in today's earnings release 00:01:24.958 -- 00:01:28.664 and supplemental deck, each of which is posted on the company's website. 00:01:28.664 -- 00:01:34.293 Before...