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SEGMENT REPORTING
9 Months Ended
Oct. 05, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
The Company’s operations are conducted as two operating segments: CAVA and CAVA Foods. CAVA includes the operations of all company-owned CAVA restaurants. CAVA Foods includes the production of dips, spreads, and certain dressing bases used in CAVA restaurants as well as sales from the Company’s consumer-packaged goods (“CPG”) business. These segments were determined on the same basis that the Company’s Chief Executive Officer (“CEO”), who is the chief operating decision maker (“CODM”), manages, evaluates, and makes key decisions regarding the business. CAVA is the Company’s only reportable segment, as CAVA Foods is below the quantitative thresholds for segment reporting purposes.
The CODM reviews segment performance and allocates resources based upon restaurant-level profit, which is defined as segment revenues less food, beverage, and packaging, labor, occupancy, and other operating expenses. Restaurant-level
profit is used to measure the segment’s profitability as corporate-level expenses are excluded from such measure. The CODM uses restaurant-level profit for each segment in the annual budget to make decisions about the allocation of resources, with the monitoring of actual results to determine appropriate changes to such allocation. All segment revenue is earned in the United States, and all intersegment revenues have been eliminated. Intersegment revenues represent the sale, from CAVA Foods to CAVA, of dips, spreads, and certain dressing bases used in CAVA restaurants. Sales from external customers are derived principally from sales of food, beverage, and CPG. The Company does not rely on any major customers as sources of sales. As the CODM does not review asset information by segment, assets are reported only on a consolidated basis. Other includes the CAVA Foods CPG business.
The following table presents financial information about the Company’s reportable segment and includes reconciliations of CAVA segment revenue and restaurant-level profit to the Company’s consolidated revenue and income before taxes:
Twelve Weeks EndedForty Weeks Ended
(in thousands)October 5,
2025
October 6,
2024
October 5,
2025
October 6,
2024
Reportable segment revenue
CAVA$289,787 $241,499 $896,518 $729,173 
Reconciliation of reportable segment revenue to consolidated revenue:
Other revenue2,451 2,318 8,161 7,145 
Total consolidated revenue$292,238 $243,817 $904,679 $736,318 
Significant segment expenses
CAVA
Food, beverage, and packaging$87,245 $72,230 $265,679 $212,414 
Labor73,849 61,233 227,907 186,134 
Occupancy19,523 16,412 62,722 52,751 
Other operating expenses1
38,005 29,805 113,478 90,174 
Total CAVA segment expenses218,622 179,680 669,786 541,473 
Reportable segment restaurant-level profit
CAVA71,165 61,819 226,732 187,700 
Reconciliation of total reportable segment restaurant-level profit to income before taxes:
Other non-reportable segment profit(1,201)(828)(4,378)(2,673)
General and administrative expenses31,499 29,830 104,944 91,951 
Depreciation and amortization17,628 14,325 55,254 45,380 
Restructuring and other costs— 230 — 582 
Pre-opening costs4,942 2,819 14,519 9,500 
Impairment and asset disposal costs1,176 1,675 3,917 3,795 
Interest income, net(3,575)(4,091)(11,773)(12,829)
Other expense (income), net30 (50)(471)(188)
Income before taxes$20,666 $17,909 $64,720 $52,182 
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1    Other operating expenses includes all other restaurant-level operating expenses, such as kitchen supplies, utilities, repairs and maintenance, travel costs, credit card and bank fees, recruiting, third-party delivery service fees, and marketing expenses.