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For full year 2024, we expect the following: 56 to 58 net new CAVA restaurant openings, CAVA same restaurant sales growth up 12% to 13%, CAVA restaurant level profit margin between 24.5% to 25% ...
CAVA in Waldorf, Md., featuring digital order pickup. (CAVA) The company continues to perform at a time when fast-casual dining seems to be bucking a broader slowdown across the food industry as ...
CAVA earnings call for the period ending March 31, 2024. ... With everything from in-house, highly scalable digital order ecosystem, to second make lines for dedicated digital production to ...
All Cava restaurants are company-owned, and none are franchised. [6] In 2020, Cava Group converted seven of its Zoës Kitchen locations to Cava-branded restaurants, with plans to convert 50 more in 2021. [14] [15] [18] It has additional off-premises and digital kitchens dedicated to preparing food for online orders. [18]
Right now, digital ordering and, digital as a channel for revenue for Cava, like you order on the app, you go and you pick it up and you leave. That's only about 35% of the business. We're not ...
CAVA in Waldorf, Maryland featuring digital order pickup. (Courtesy of CAVA) Cava lays out slow and steady growth plans. By 2032, the company plans to have 1,000 Cava locations.
Schulman pointed to Cava's investment in digital and in-store experiences, people's shifting preferences for healthier food, and the company's efforts to keep the average bowl in the $13 to $15 ...
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