CAVA Group Inc. reported its financial results for the first quarter of fiscal 2025, showcasing a year-over-year revenue growth of 28.2%, reaching $328.5 million. This increase was primarily driven by the opening of 73 net new CAVA restaurants since the first quarter of fiscal 2024 and a same restaurant sales growth of 10.8%. This growth in same restaurant sales included a 7.5% rise from guest traffic and a 3.3% increase from menu price and product mix adjustments. Net income for the quarter was $25.7 million, representing 7.7% of total revenue, which marks an increase of $11.7 million compared to the $14.0 million reported in the first quarter of fiscal 2024. This improvement was attributed to enhanced operating performance and a $10.7 million income tax benefit related to equity-based compensation, though it was partially offset by increased depreciation and amortization. CAVA's Adjusted EBITDA for the quarter was $44.9 million, or 13.5% of revenue, reflecting an increase of $11.5 million, or 34.6%, compared to the same period in fiscal 2024. The company also noted a slight decrease in its restaurant-level profit margin, which was 25.1% compared to 25.2% in the first quarter of the previous fiscal year. This reduction was due to input costs associated with the introduction of grilled steak in the second quarter of fiscal 2024. Looking ahead, CAVA Group updated its fiscal full-year 2025 guidance for net new restaurant openings, increasing the range to 64 to 68 locations. The company continues to anticipate strong performance from its new restaurant openings and sustained sales growth.