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Cava's strong same-restaurant sales over the past two years have increased the company's average unit volumes (AUVs) -- the average amount of sales its restaurants generate in a year -- to $2.8 ...
Bloomberg recently estimated that each Cava location is now worth roughly $33 million. To what would you attribute that success? ... How often do you actually eat at Cava? About four times a week ...
Since I last wrote about Cava, the stock has gained 30% from the end of August until now. In comparison, Chipotle's shares have gained 5.69%. Looking to the future, analyst estimates are calling ...
The more restaurants you add, the slower the expansion rate becomes. ... though nowhere near as enticing as 18%. But if Cava can keep expanding its store count and just maintain that low-single ...
The gains continued a surge that began last year as Cava's Chipotle-like concept is clearly resonating with customers. The top line soared again at Cava as same-store sales jumped a whopping 18% ...
Cava (stylized as CAVA), also referred to as Cava Grill, is a Mediterranean fast casual restaurant chain with locations across the United States. Cava is owned by the publicly traded Cava Group, which purchased Zoës Kitchen in August 2018.
So why is Cava performing so well as some of its peers struggle? Placer.ai noted that much of its recent success is likely due to its aggressive expansion efforts.According to its latest earnings ...
By comparison, in Cava's fiscal Q2, which ended July 14, it produced revenue of $231.4 million and $19.7 million in net income, equating to growth of 35.2% and 203.1% year over year, respectively.
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