Search results
Results from the WOW.Com Content Network
[7] [9] [11] They opened the first Cava restaurant in Bethesda, Maryland, in January 2011. [9] [12] In August 2018, Zoës was acquired by Cava Group, Inc. for $300 million in total enterprise value. [13] In April 2021, Cava Group completed a $190 million series F funding round led by T. Rowe Price, bringing its value to nearly $1.3 billion. [14]
Brett Schulman knows crazy—and he’s not talking about the feta.. The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket.
Cava, which now expects to open 50 to 54 restaurants this year, up from a Feb. 26 forecast of 48 to 50, also raised its same-restaurant sales outlook range to 4.5% to 6.5% from 3% to 5%.
Cava now plans to open 54 to 57 restaurants this year, up from 50 to 54 in previous guidance, with the goal of 1,000 restaurants total by 2032. And grilled steak, which Tolivar now says is her ...
Zoës Kitchen was a Mediterranean Style restaurant chain, and a subsidiary of the Cava Group. [1] Their headquarters were located in Plano, Texas.In 2013, the chain had grown to host over 200 locations across 17 states, [citation needed] however, acquisition by Cava Group resulted in a reduction of Zoe's locations (some replaced by Cava restaurants).
For premium support please call: 800-290-4726 more ways to reach us
This page was last edited on 23 December 2023, at 23:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Mediterranean chain Cava beat Wall Street estimates Tuesday afternoon, with same-store sales jumping 18.1%, compared to 12.39% expected. The stock vaulted over $172 per share — an all-time high ...