Todd Klein
Todd Klein did not stand for re-election at the annual meeting of stockholders held on June 20, 2024 (the “Annual Meeting”).
Highest-materiality recent filing
CAVA amends executive severance plan, narrowing eligibility and tightening conditions
Eligibility narrowed to Executive Leadership Team only; severance requires signing a Release and Restrictive Covenants Agreement.
CAVA Q1 revenue up 32.2% to $434.4M; same restaurant sales +9.7% on 6.8% traffic
Revenue $434.4M (+32.2% YoY); net income $23.6M vs $25.7M prior year.
CAVA Group director Karen Kochevar to retire at 2026 annual meeting
Karen Kochevar will retire from the board at the June 22, 2026 annual meeting and will not stand for re-election.
CAVA amends credit facility: revolver doubled to $150M, maturity extended to 2031
Revolving commitments increased from $75M to $150M.
CAVA Group FY 2025 revenue tops $1B at $1.17B, up 22.5%; adj. EBITDA rises 21% to $152.8M
Q4 revenue $272.8M (+21.2% YoY); same-restaurant sales +0.5% (price/mix +1.9%, traffic -1.4%).
CAVA appoints Doug Thompson as COO effective March 2, 2026; base salary $550k
Doug Thompson appointed COO effective March 2, 2026; reports to CEO Brett Schulman.
CAVA Q3 revenue up 20% to $289.8M; same-restaurant sales +1.9%; net income $14.7M
Revenue $289.8M (+20.0% YoY) driven by 17 net new restaurants and 1.9% same-restaurant sales growth.
CAVA Group COO Jennifer Somers departs; interim head named
Jennifer Somers, COO, departed effective September 23, 2025; severance per Executive Severance Plan.
CAVA Group Reports Q2 2025 Revenue Growth of 20.3% and Same Restaurant Sales Growth of 2.1%
Revenue grew 20.3% to $278.2 million in Q2 2025 from $231.4 million a year ago.
CAVA Group annual meeting elects three Class II directors, approves say-on-pay and auditor
Shareholders elected Benjamin Felt, Ronald Shaich, Theodoros Xenohristos as Class II directors with 59.7M, 58.8M, and 67.4M votes for, respectively.
CAVA Q1: revenue $328.5M (+28.2% YoY); same-restaurant sales +10.8%; net income $25.7M
Revenue grew 28.2% to $328.5M from $256.3M in prior year quarter.
CAVA Q4 revenue $225.1M (+28.3% YoY); FY2024 same-store sales +13.4%; Adj. EBITDA $126.2M, +71%
Q4 revenue $225.1M, up 28.3% YoY; full year revenue $954.3M, up 33.1% (35.1% ex-53rd week).
CAVA Q3 revenue up 39% to $241.5M; same-restaurant sales +18.1% with traffic +12.9%
Net income of $18.0M vs $6.8M last year; Adjusted EBITDA $33.5M, up 69.2% YoY.
CAVA Q2 revenue up 35% to $231M; same-store sales +14.4%, net income triples
Revenue grew 35.2% YoY to $231.4M; same-restaurant sales +14.4% (traffic +9.5%, price/mix +4.9%).
CAVA Group holds annual meeting; Todd Klein not re-elected, board reduced to nine
Todd Klein's term ended after not standing for re-election at June 20, 2024 annual meeting; no disagreement cited.
CAVA Group Q1 2024 revenue up 30.3% to $256.3M; first-ever positive free cash flow
Net income of $14.0M vs. net loss of $2.1M in prior-year quarter; adjusted EBITDA of $33.3M, up 99%.
CAVA Group Q4/FY2023: Revenue up 59.8% to $717M, net income $13.3M vs loss $59M
Full year revenue $717.1M (+59.8% YoY); CAVA same-restaurant sales +17.9% (traffic +10.4%).
CAVA Q3 revenue up 49.5% to $173.8M; net income $6.8M vs loss; same-restaurant sales +14.1%
Revenue $173.8M, +49.5% YoY; CAVA same-restaurant sales +14.1% (7.6% traffic, 6.5% price/mix).
CAVA Q2 revenue up 62.4% to $171.1M; net income of $6.5M vs loss a year ago
CAVA same-restaurant sales grew 18.2% (10.3% traffic, 7.9% price/mix) YoY.
CAVA completes IPO of 16.6M shares at $22; preferred stock converted to common
IPO completed on June 20: 16,611,110 shares sold at $22.00, including full exercise of underwriters' option.
Todd Klein did not stand for re-election at the annual meeting of stockholders held on June 20, 2024 (the “Annual Meeting”).
Max materiality 0.90 · Median 0.78 · Most common event earnings