| REVENUE |
REVENUE The Company’s revenue was as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Twelve Weeks Ended | | Twenty-Eight Weeks Ended | | (in thousands) | July 12,
2026 | | July 13,
2025 | | July 12,
2026 | | July 13,
2025 | | Restaurant revenue | $ | 365,433 | | | $ | 278,249 | | | $ | 799,825 | | | $ | 606,731 | | | CPG revenue and other | 3,003 | | | 2,366 | | | 6,881 | | | 5,710 | | | Revenue | $ | 368,436 | | | $ | 280,615 | | | $ | 806,706 | | | $ | 612,441 | |
Revenue from the redemption of the Company’s loyalty program (“CAVA Rewards”) and gift cards is included in restaurant revenue. Changes in the CAVA Rewards and gift card liabilities, which are included in accrued expenses and other on the accompanying unaudited condensed consolidated balance sheets, were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Twelve Weeks Ended | | Twenty-Eight Weeks Ended | | (in thousands) | July 12,
2026 | | July 13,
2025 | | July 12,
2026 | | July 13,
2025 | | CAVA Rewards and gift card liabilities, beginning balance | $ | 5,888 | | | $ | 6,439 | | | $ | 6,775 | | | $ | 6,736 | | | Revenue deferred - CAVA Rewards points earned and gift card purchases | 4,717 | | | 3,700 | | | 10,480 | | | 8,155 | | | Revenue recognized - redemptions and breakage | (3,132) | | | (3,966) | | | (9,782) | | | (8,718) | | | CAVA Rewards and gift cards liabilities, ending balance | $ | 7,473 | | | $ | 6,173 | | | $ | 7,473 | | | $ | 6,173 | |
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