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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 ...
Cava's Mediterranean-themed restaurants are drawing crowds and it is opening new locations, hinting at material long-term growth potential. 3 Reasons to Buy Cava Stock Like There's No Tomorrow ...
Although profitable, Cava shares are still very expensive, priced at more than 300 times this year's expected per-share earnings of $0.42 and just under 300 times next year's expected $0.50. The ...
The restaurant business is a tough one to be in without a competitive edge. Cava's fast-casual approach to Mediterranean fare is that edge.
Cava's Mediterranean-themed restaurants are executing well and spreading fast, which hints at the huge opportunity ahead. Cava's Mediterranean-themed restaurants are executing well and spreading ...
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.
In 2023, Cava locations did $2.6 million in average unit volumes (AUVs) with 24.8% restaurant-level profit margins. This novel concept seems to be resonating with customers, as foot traffic per ...
In the third quarter, Cava handily outpaced Chipotle in a few key areas. The Mediterranean restaurant chain reported revenue growth of 39% year over year, compared to Chipotle's 13%.
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