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Even when adjusting for inflation, Cava's current AUVs are higher than Chipotle's in Q3 2019 -- its inflation-adjusted AUV would be $2.65 million in today's dollars.
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 Mediterranean restaurant chain Cava Group (NYSE: CAVA) were among the best performers on the stock market in 2024. Late in the year, Cava stock was up 251%. Now 2024 is in the rearview ...
Image source: Cava. Cava shines again. Cava said that comparable sales surged 14.4% in the period, driven by 9.5% traffic growth. That drove revenue up 35.2% to $231.4 million, which was ahead of ...
The gains continued a surge that began last year as Cava's Chipotle-like concept is clearly resonating with customers. The top line soared again at Cava as same-store sales jumped a whopping 18% ...
Cava Group (NYSE: CAVA), the young fast-casual chain selling Mediterranean food, had an incredible 2024, ending the year up 162%.That's more than double the performance of coffee chain Dutch Bros ...
While both stocks are market darlings today, Cava's shares come with much richer price premiums. The stock trades at 258 times earnings and 14.7 times sales on Dec. 26, 2024.
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