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Cava is growing at a fairly slow but steady rate, with 43 stores opened in the first nine months of 2024. ... It's already a very expensive stock, with a price-to-earnings (P/E) ... The Today Show ...
CAVA PE Ratio data by YCharts. PE = price-to-earnings. PS = price-to-sales. When compared by both revenue and earnings, investors are paying a far higher multiple for Cava Group.
The numbers show that Cava is executing at a high level with average unit volumes and restaurant-level profit margins that rival Chipotle's. The stock is expensive, but Cava has proven it deserves ...
Today, Cava has a market cap of $8.8 billion. Let's assume the company hits its $3 billion revenue target and can hit Chipotle-level profit margins of 17%. That would equate to $510 million in ...
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 ...
Image source: Cava. Why the stock has pulled back. Cava initially jumped on its third-quarter earnings report, but the stock fell soon after that, and is now down 24% from that peak.
It is currently looking to grow its restaurant base by at least 17% next year, and has discussed 15% yearly unit growth in the past. This gives it a long runway of future expansion growth.
Assuming a standard consolidated profit margin of 15% for restaurants -- the 26.5% figure above excludes corporate overhead costs -- that equals $600 million in annual profits for Cava in 2034 ...
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