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It's just doing it via the sale of stock that ultimately dilutes existing shareholders' stakes. ... Cava's second-quarter same-store sales improved 14.4%, following last year's full-year ...
Last quarter, traffic to Cava restaurants -- on a per-restaurant basis -- grew 9.5% year over year. Same-store sales growth was 14.4%. Same-store sales measure the sales from existing restaurant ...
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In its last update, in the third quarter of 2024, Cava reported an 18.1% increase in same-store sales, which drove overall revenue up 39% to $241.5 million. Cava continues to expand its brick-and ...
Cava's Mediterranean-themed restaurants are executing well and spreading fast, which hints at the huge opportunity ahead. Cava's Mediterranean-themed restaurants are executing well and spreading ...
Many of its products are marketed under the CDO brand name. [5] In 2009, the company ventured into the Canned Tuna and broke the monopoly by introducing corned tuna. In April 2020, CDO Foodsphere launched its online food delivery service through the Viber messaging app. [6] Food booth selling CDO products.
The organic same-store growth has also helped Cava's financials. The business is already cash flow-positive with $43 million in free cash flow over the past four quarters on $913 million in revenue.
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