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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]
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).
Brett Schulman knows crazy—and he’s not talking about the feta.. The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket.
What does Cava do? Cava is a Mediterranean-themed fast-casual food concept that uses a similar food preparation approach to Chipotle Mexican Grill . Right now, Cava operates about 350 locations ...
Cava (NYSE: CAVA) doesn't really do anything particularly new. Just like Chipotle Mexican Grill (NYSE: CMG) ... which is why investors need to keep a close watch on same-store sales. This metric ...
Shares of restaurant company Cava Group (NYSE: CAVA) dropped 19.9% during December, according to data provided by S&P Global Market Intelligence. On one hand, fellow high-flying restaurant stock ...
It's set to report third quarter earnings on Tuesday after market close. Cava plans to open 65 to 70 new locations this year. By 2032, the company aims to operate 1,000 locations in the US, which ...
What does Cava do versus what Realty Income does? Cava operates Mediterranean-themed fast-casual restaurants. The concept is very popular right now, noting that same-store sales at the company's ...