This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260923562355\/en\/<\/a><\/p>\n CAVA’s four co-founders (from left to right: Brett Schulman, Chef Dimitri Moshovitis, Ike Grigoropoulos, and Ted Xenohristos) gathered today at the celebratory ribbon-cutting ceremony and check presentation to The Food Group, CAVA’s official Community Day partner for this opening.<\/p>\n<\/div>\n \nCAVA marked the moment at its Minneapolis restaurant which opened today at 622 Washington Avenue SE, and ushers in the company\u2019s entrance into Minnesota, bringing its fleet to 30 states and the District of Columbia. Fifteen years after opening its first fast-casual restaurant in 2011, CAVA enters its next chapter with strong new restaurant performance, continued expansion into new markets, and ongoing investment in menu innovation that expands the possibilities of Mediterranean cuisine for guests.<\/p>\n \n\u201cReaching 500 restaurants is a defining moment for CAVA and a reflection of how far we\u2019ve come,\u201d said Brett Schulman, Co-Founder and CEO of CAVA. \u201cIt represents the passion of more than 15,000 CAVA team members, the strength of the brand we have built together, and the deep connection our food and hospitality have created with guests across the country. As we look ahead, we remain focused on thoughtfully scaling CAVA while bringing bold Mediterranean flavors, warm hospitality, and a spirit of generosity to even more communities.\u201d<\/p>\n Building the Next 500 CAVAs<\/b><\/p>\n \nAs CAVA builds toward at least 1,000 restaurants by 2032, it remains focused on staying true to its roots, bringing the same Mediterranean flavors, healthful ingredients, and sense of human connection that have defined the brand from the beginning to every new community it serves. Its development strategy pairs strong restaurant performance with a disciplined approach to entering new markets, building density and investing in the people and infrastructure needed to scale:<\/p>\n \n\u201cThis milestone is the result of years of work building a development engine that can support CAVA\u2019s growth without losing what makes each restaurant special,\u201d said Jeff Gaul, Chief Development Officer of CAVA. \u201cEvery opening requires tremendous coordination across teams to identify the right location, design and build the restaurant, and prepare it to become part of a new community. As we look toward our next 500, we\u2019re continuing to strengthen that foundation while staying rooted in the spirit of Mediterranean hospitality \u2013 creating restaurants that feel welcoming from day one and are built to serve and connect with their communities for years to come.\u201d<\/p>\n 500 Restaurants, 15 Years of Mediterranean Flavor<\/b><\/p>\n \nAs CAVA celebrates 15 years of bringing bold Mediterranean flavors to more communities, the brand continues to evolve its menu while staying rooted in the ingredients and flavors that have defined it from the start. With more than 17 billion possible ingredient combinations featuring a variety of proteins, toppings, signature dips, and more, guests can make each meal their own to fit their needs and preferences. Over the past year, CAVA has expanded those possibilities with new proteins like Glazed Salmon and Chicken Shawarma, while continuing to reimagine its iconic pita chips with flavors including Garlic Ranch, Harissa BBQ, and Cinnamon Sugar. These innovations reflect CAVA\u2019s commitment to giving guests new ways to experience the vibrant, craveable flavors of the Mediterranean while advancing its mission to bring heart, health, and humanity to food.<\/p>\n \nAll four of CAVA’s co-founders (Ted Xenohristos, Ike Grigoropoulos, Chef Dimitri Moshovitis, and Brett Schulman) gathered today at the Minneapolis grand opening ribbon-cutting ceremony and presented a charitable donation to The Food Group<\/a>, CAVA’s official Community Day partner for this opening. Since 2019, this company-wide Community Day program has raised more than $1 million in monetary and food donations for organizations working to combat food insecurity across the country.<\/p>\n \nAs the company enters its next chapter of growth, CAVA will continue expanding across existing and new markets, investing in its teams and infrastructure, and advancing its mission to bring heart, health, and humanity to food.<\/p>\n \nTo learn more about CAVA, follow @CAVA on social channels, including TikTok<\/a>, Instagram<\/a>, LinkedIn<\/a>, and Facebook<\/a>.<\/p>\n About CAVA<\/b><\/p>\n \nCAVA is the category-defining Mediterranean fast-casual restaurant brand bringing together bold, healthful flavors and ingredients at scale. A founder-led company, CAVA is guided by the belief that food should taste as good as it makes you feel, and that great meals and warm Mediterranean hospitality go hand in hand. Across ~500 restaurants in 30 states and Washington, D.C., guests can choose from an abundant selection of chef-curated or build your own bowls and pitas to meet their dietary and taste preferences. There are more than 17 billion possible ingredient combinations, featuring a variety of proteins, vegetables, signature dips such as Crazy Feta\u00ae, house-made beverages, and more. Guided by its mission to bring heart, health, and humanity to food, CAVA provides meaningful career opportunities for more than 15,000 team members and continues to invest in its people and communities. Learn more at cava.com.<\/p>\n Forward-looking statements<\/b><\/p>\n \nThis press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. These forward-looking statements relate to matters such as our expectations regarding future restaurant growth, continued expansion into new and existing markets, the timing and pace of new restaurant openings, restaurant performance and productivity, workforce growth and development, investments in our team and infrastructure, menu innovation, and other future business, operational, and strategic initiatives. These statements may include words such as \u201canticipate,\u201d \u201cassume,\u201d \u201cbelieve,\u201d \u201ccontinue,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cfuture,\u201d \u201cwill,\u201d \u201cseek,\u201d \u201cforeseeable,\u201d \u201coutlook,\u201d the negative version of these words or similar terms and phrases.<\/p>\n \nThe forward-looking statements contained in this press release are based on management\u2019s current expectations and are not guarantees of future performance. The forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Our expectations, beliefs, and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management\u2019s expectations, beliefs, and projections will result or be achieved. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, and other factors, including the risk factors set forth in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, many of which are beyond our control.<\/p>\n \nYou should not put undue reliance on any forward-looking statement. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in this press release. We do not undertake any obligation to revise or update any forward-looking statements, except as required by law. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260923562355\/en\/<\/a><\/span><\/p>\n![\"CAVA's](\"https:\/\/mms.businesswire.com\/media\/20260923562355\/en\/2910811\/4\/FOUNDERS_NRO.jpg\")
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