Cava (CAVA): FY25 Q3 earnings call, Nov 4, 2025

Tue, Nov 4Earnings callSpeaker-labelled transcriptCava

On its Nov 4, 2025 earnings call (FY25 Q3), Cava said 9 of the 12 words Kalshi and Polymarket listed; Parrot’s count agreed with all 12 settlements. Quotes below are at most 25 words each.

Updated

Markets

12 words · 9 settled yes · our count agreed on 12 of 12

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityMarket
Loyalty Yes78✓88%transcripts from the transcript model–
Digital Yes66✓87%transcripts from the transcript model–
Salmon Yes68✓44%transcripts from the transcript model–
AUV Yes22✓87%transcripts from the transcript model–
Spice Yes22✓43%transcripts from the transcript model–
Dining Yes11✓75%transcripts from the transcript model–
Expansion Yes11✓68%transcripts from the transcript model–
Tariff Yes11✓51%transcripts from the transcript model–
Same Store Yes02✓16%transcripts from the transcript model–
Automation No00✓57%transcripts from the transcript model–
Acceleration No00✓47%transcripts from the transcript model–
Hyphen No00✓44%transcripts from the transcript model–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 21, 2026 04:22 UTC.

Transcript

quotes of at most 25 words

Speaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.

Where the listed words were said

Brett Schulmancompany“Loyalty” · prepared

…and steadfast in our ability to create lasting value, build enduring guest loyalty and reinforce our position as the clear leader of the Mediterranean category.…

Brett Schulmancompany“Digital” · prepared

…the new KDS are experiencing higher guest satisfaction scores, driven by improved digital accuracy and proactive guest order status notification capabilities. In addition to improvements…

Brett Schulmancompany“Salmon” · prepared

…our guests. That same spirit of innovation comes through with our recent salmon market test, which has shown encouraging results. Salmon is a natural fit…

Tricia Tolivarcompany“AUV” · prepared

…in the long-term structural health of the business reaffirmed by our strong AUVs and new restaurant performance. Our most recent 2025 cohort is trending above…

Brett Schulmancompany“Spice” · prepared

…protein innovation chicken shawarma, juicy roasted chicken breasts marinated in a signature spice blood and hand stacked on a spit. The launch performed to our…

Brett Schulmancompany“Dining” · qa

…you get when you engage with us and you come into our dining rooms and you order on our digital channels and the accuracy we…

Brett Schulmancompany“Expansion” · qa

…to look at opportunities to make sure that any restaurant level margin expansion is sustainable and durable over the long term. And in the short…

Tricia Tolivarcompany“Tariff” · prepared

…2024 by 20 basis points. This slight increase reflects the impact of tariffs and our limited time-only chicken shawarma offering. CAVA labor and related costs…

Agents: this page as TSV at /api/v1/appearances/cava:2025-11-04:earnings_call · words: /api/v1/brief?appearance=cava:2025-11-04:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP