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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).
Cava is leading 2024's fast-casual boom, ... as well as in Texas and the Southwest. After launching in Chicago this year, the company is planning on expanding to South Florida and two new markets ...
Investors are told to diversify, which requires breaking stocks into groups. This is why investors examining restaurant company Cava (NYSE: CAVA) might want to also consider Realty Income (NYSE: O ...
Cava is also different from almost any other player of its ilk by virtue of remaining debt-free. As of April, the company only owed $122,000 in long-term obligations versus $329,000 in cash or ...
Before you buy stock in Cava Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Cava Group ...
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