Cava Group reported same-store sales growth of 7.5% in the third quarter, driven by strong lunch traffic and higher average check sizes. Total systemwide revenue increased by 24% year-over-year to $255 million, as new restaurant openings and digital sales gains more than offset cost inflation in labor and food ingredients. This performance exceeded the company’s internal targets by approximately 200 basis points and places Cava among the fastest-growing fast-casual chains in its peer group for the period.

During the latest quarter, Cava opened 12 new units—10 domestic locations and 2 international franchised outlets—bringing the total to 500 restaurants worldwide. Management reaffirmed its target of reaching 650 locations by the end of 2026, up from the previous goal of 600. Capital expenditures for new unit development are expected to run between $30 million and $35 million per quarter, reflecting a disciplined site-selection process and improved unit-level economics, with average initial investment payback projected in under three years.

Digital sales represented 23% of overall revenue, up from 18% in the prior year, propelled by enhancements to the mobile app, expanded loyalty rewards tiers and third-party delivery partnerships. The number of active loyalty members rose by 40% year-over-year to 4.2 million, contributing to repeat visit frequency gains of 12%. Digital average order value climbed 8% as the chain rolled out customization features and periodic “members-only” promotions, highlighting Cava’s ability to leverage technology to drive profitable demand.

Several Wall Street analysts have increased their revenue estimates for fiscal 2026 by an average of 6%, citing Cava’s scalable operating model and strong unit economics. One leading restaurant sector strategist noted that the chain could achieve adjusted EBITDA margins north of 18% by year-end 2026 if commodity costs stabilize and labor efficiencies improve through ongoing kitchen automation. With three recent upgrades and no downgrades over the past six months, the consensus analyst rating stands at Moderate Buy, reflecting confidence in the brand’s long-term growth trajectory.