How CAVA Defied The Economic Slump Without Desperate Promos

CAVA Group reported strong first-quarter results with revenue of $438.27M exceeding estimates and adjusted earnings of 20 cents per share above expectations. The Mediterranean fast-casual chain achieved 9.7% same-restaurant sales growth driven by 6.8% traffic growth, opened 20 new locations, and raised its full-year guidance. The company maintained pricing discipline while competitors relied on discounting, and introduced its first seafood offering (salmon) nationwide. CAVA stock rose 7.49% in premarket trading.