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Cava, a fast-casual Mediterranean brand that specializes in customizable grain bowls, salads, and pita wraps, is currently a mecca for those looking to eat a crunchy, healthful lunch.
We scoured fast food menus to find the most expensive burgers in the U.S., and Five Guys, Shake Shack, Carl's Jr. and more chains topped the list.
The lower the percentage, the more expensive it is. In the case of Cava, it is 0.2%. In other words, the amount of required growth baked into Cava is outrageous.
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]
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 ...
Cava went public in June 2023 and is now on track to do over $11 billion in revenue this year, per estimates from Visible Alpha, and its early pace of growth has even eclipsed what Chipotle ...
Cava's market capitalization is up over $10 billion, whereas Cracker Barrel's has sunk down to a measly $1 billion. Therefore, Cava is worth 10 Cracker Barrels, in a manner of speaking. CAVA ...
Cava looks to be on a similar path as Chipotle and believes it can reach at least 1,000 locations in the United States, if not more. Today, the company has 341 locations and plans to add 55 ...