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Cava is owned by the publicly traded Cava Group, which purchased Zoës Kitchen in August 2018. [ 3 ] [ 4 ] The combined company is the largest restaurant operator in the Mediterranean category in the U.S. restaurant industry. [ 5 ]
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 Group (NYSE: CAVA) stock was a breakout winner last year as the market cap of the Mediterranean fast-casual restaurant chain more than doubled on blistering growth. The numbers the company is ...
Brett Schulman knows crazy—and he’s not talking about the feta.. The 52-year-old CEO and co-founder has watched Cava, the cult-classic Mediterranean fast-casual spot, skyrocket.
By comparison, investors valued Chipotle at about $4 million per restaurant when the same amount of time had passed since its January 2006 IPO (the same year Cava's original three founders decided ...
[6] [7] Shaich is the current chairman and lead investor in Act III's portfolio companies – Cava, Tatte Bakery & Café, Life Alive, and Level99. [8] [9] During his career, Shaich was a public company CEO for 27 years, and was involved in taking three different restaurant brands public—Au Bon Pain, Panera, and Cava. [10]
Shake Shack is still a growth stock, and it offers a lot of potential upside.
Cava reported its fourth straight quarter of net income and its first quarter of positive free cash flow as same-restaurant sales rose 2.3%, driven by a 3.5% increase from menu price and product ...