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Paso Robles is the third American Viticultural Area (AVA) located in San Luis Obispo (SLO) County, California.The area was established by the Bureau of Alcohol, Tobacco and Firearms (ATF), Treasury on October 4, 1983 after reviewing the petition submitted by Martin Brothers Winery accompanied by 51 signatures of local grape-growers and wineries proposing a viticultural area named "Paso Robles."
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]
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Cava's menu items are affordably priced as well, in the same ballpark as more traditional fast-food offerings these days. Whatever it is, it works. Same-store sales grew by 14.4% during the second ...
Cava Group (NYSE: CAVA) was one of the better-performing names in 2024. Even after a recent pullback, the stock has risen by more than 175% over the last year, likely because many saw it as a ...
Cava ended the first half of 2024 with 341 locations. At the midpoint of the year, Chipotle had around 3,500 restaurants. It is an order of magnitude larger than Cava.
York Mountain climate is cooler and wetter than Paso Robles being just 7 miles (11 km) from the Pacific Ocean. York Mountain was established as SLO county’s second AVA by the Bureau of Alcohol, Tobacco and Firearms (ATF) , Treasury on August 24, 1983 after reviewing the petition submitted by Stephen and Max Goldman, owners of York Mountain ...
Key to Cava's story is its store expansion playbook. The company opened 72 net new locations in fiscal 2023, propelling a 59.8% revenue gain, with a target to open 52 more in the current fiscal year.