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What sets CAVA apart is its array of house-made dips and spreads, including hummus, tzatziki and spicy harissa. ... 14 wicked-good deals from L.L. Bean's End Of Season sale. Show comments ...
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.
In November 2018, Cava Group bought Zoës Kitchen, a restaurant chain with more than 250 locations, in a deal worth $300 million, taking the company private and helping Cava expand further into the suburbs. [6] [17] [18] As of August 2021, there are 133 Cava locations. All Cava restaurants are company-owned, and none are franchised. [6]
By comparison, Cava is a tiny little restaurant chain with just 320 or so locations. But it opened 14 new sites in the first quarter of 2024. All told, the store base grew a huge 22% year over year!
Fast-casual restaurant stocks are having a moment.
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While Wall Street's consensus is an overweight rating for Cava stock, its median share price target is $117.50, which is below Cava's stock price at the time of this writing.
There is another reason why Cava's stock came out of the gate gangbusters: Its chairman. Skip to main content. Subscriptions; Animals. Business. Fitness. Food. Games. Health. Home & Garden ...