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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]
Second: 80% of our restaurants at Cava were already in the suburbs, and we were seeing how well-received we were and how well we were performing in the suburbs. Zoe's real-estate portfolio was 100 ...
The growth was largely driven by 62 net new locations it added since Q2 2023 -- a 22.2% year-over-year expansion -- as well as traffic increasing by 9.5%. ... The average Cava restaurant has a ...
In its IPO documents, management said it thinks there is room for at least 1,000 Cava restaurant locations in the United States. Last year, it opened 72 stores, and it plans to open 50 more in 2024.
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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 ...
For the period ending July 14, Cava reported same restaurant store sales growth of 14.4%. This figure simply takes into account the same restaurants that were opened a year ago.
Enchiladas Olé, 2418 Forest Park Blvd. in Fort Worth and 9005 North Tarrant Parkway in North Richland Hills, began 10 years ago as Vasquez’s brand of specialty enchilada sauces and gravies.