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Cava is owned by the publicly traded Cava Group, which purchased Zoës Kitchen in August 2018. [ 3 ] [ 4 ] The combined company is the largest restaurant operator in the Mediterranean category in the U.S. restaurant industry. [ 5 ]
Shaich believed in people's desire for Mediterranean fast-casual cuisine and the potential of the Cava brand. Shaich conceptualized and led Cava's acquisition of public company Zoe's Kitchen, which was five times larger than Cava and allowed Cava to hyper scale into a category-dominant brand company with 250 locations as of October 2023. [7] [47]
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).
Our second quarter highlights include a 35.2% increase in CAVA revenue, driving AUV of $2.7 million, CAVA same-restaurant sales growth of 14.4%, with traffic growth of 9.5%, 18 net new restaurants ...
Here's what Cava reported, compared with Wall Street estimates, per Bloomberg consensus data: Revenue: $233.5 million versus $219.5 million. Adjusted earnings per share: $0.17 versus $0.13. Same ...
Osvaldo Cavandoli (1 January 1920 – 3 March 2007), [1] also known by his pen name Cava, was an Italian cartoonist. His most famous work is his series of short animated cartoons, La Linea ("The Line").
In October of that year, Canva announced that it had raised an additional A$85 million at a valuation of A$3.2 billion and launched an enterprise product. [20] In December 2019, Canva announced Canva for Education, a free product for schools and other educational institutions intended to facilitate collaboration between students and teachers. [21]
Melanie Perkins (born 1987) is an Australian technology entrepreneur, who is the co-founder and chief executive officer of Canva.She owns 18% of the company. [3]Perkins is one of the youngest female CEOs of a tech start-up valued over A$ 1 billion.