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Cava now has 341 locations spread around the United States, with unit count growing by over 20% year over year last quarter. In 2024, it expects to open around 55 new locations. Even better is ...
Cava's growing pains Nonetheless, the recent decline in the stock may face a challenge that tends to hurt growth stocks : slowing revenue increases. In fiscal 2025, analysts predict 24% yearly ...
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.
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.
Cava had said in its prospectus last year that it saw potential to open more than 1,000 Cava restaurants in the U.S. by 2032. However, based on its current trajectory, the company looks well on ...
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 ...
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 Cava Group (NYSE: CAVA) got a small lift after the operator of fast-casual Mediterranean-themed restaurants once again reported outstanding same-store sales growth. For its fiscal Q3 ...