Will CAVA report FY2026 adjusted EBITDA above $160 million?

$160M exceeds the ~$153M estimated guidance midpoint by ~5%. Achieving this requires either above-guide revenue or above-guide margins (or both). Management has a track record of beating guidance but the specificity of the $160M threshold may be at the upper end of the plausible range. Around 55%.

EBITDA of $160M on ~$1.08B revenue implies ~14.8% EBITDA margin. This is above the current trajectory but achievable with margin expansion from RLP improvement and operating leverage. G&A scaling is a headwind. Slightly above coin-flip.

If comps come in at 4%+ and unit openings at 76, revenue could exceed $1.1B, making $160M EBITDA more achievable. Management's conservative guidance pattern suggests the actual EBITDA could exceed guidance. Around 57%.

Above guidance midpoint but management beats guidance regularly. Operating leverage from scale supports. Around 55%.

Tariff headwinds on food costs and labor inflation could compress margins. $160M is achievable but requires things to go right. Slightly above coin-flip.

Conservative guidance pattern and strong execution suggest above-guide performance. $160M is a modest beat above $153M. Around 57%.

Above guidance but management beats regularly. Around 55%.

Cost headwinds create uncertainty. Slightly above coin-flip.

Management track record supports. Modest beat needed. Around 55%.